IMF’s Georgieva warns rising yields could derail developing debt progress
IMF Managing Director Kristalina Georgieva told Reuters that ballooning debt and rising bond yields in advanced economies threaten to undo developing and low-income countries' progress in reining in their own debts.
By David LawderBallooning debt and rising bond yields in advanced economies are threatening to undo developing and low-income countries' progress in reining in their own debts, International Monetary Fund Managing Director Kristalina Georgieva told Reuters.Georgieva said in an interview late on Tue…