IMF Warns Global Public Debt Could Hit 100% of GDP by 2030, Urges Fiscal Tightening

The IMF has issued a stark warning that global public debt could reach 100% of world GDP by the end of the decade, urging leading economies to implement urgent fiscal consolidation. The warning signals a shift in IMF rhetoric toward tighter fiscal policy, which could pressure governments to reduce spending and potentially impact growth expectations. The exact timing and magnitude of any policy response remain uncertain, but the call for belt-tightening may weigh on risk sentiment and support higher yields.