Governments Sell Bonds At Record Pace As Global Rates Rise, Spending Soars

Governments Sell Bonds At Record Pace As Global Rates Rise, Spending Soars In a world already drowning with debt, the only certainty is even more debt  According to a new analysis by Bloomberg, governments are borrowing from syndicated bond markets at a record clip as public spending surges. That's in addition to direct sales where the government auctions off debt to institutional investors and individuals. Sovereign issuers have sold $504 billion of the debt - which is offered to...