Mar
15

Higher Rates May Spell Private Debt Trouble, Study Finds

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Hong Kong, Sweden, China and Australia could all find themselves in hot water over private-sector debt if borrowing costs rise, according to research by Oxford Economics.

That’s because those countries all have a particularly high share of floating-rate debt in relation to economic output. If interest rates increase, households and companies are likely to feel the pinch, the study of 16 economies found…

Higher Rates May Spell Private Debt Trouble, Study Finds

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