Tim Adams, CEO of the Institute of International Finance discusses rising long-term interest rates and government debt sustainability. He says higher inflation has helped keep debt ratios looking stable by masking underlying vulnerabilities, but warns that as benchmark rates rise, interest expenses are set to surge. He speaks to Romaine Bostick on "The Close." (Source: Bloomberg)
Tim Adams, CEO of the Institute of International Finance discusses rising long-term interest rates and government debt sustainability. He says higher inflation has helped keep debt ratios looking stable by masking underlying vulnerabilities, but warns that as benchmark rates rise, interest expenses are set to surge. He speaks to Romaine Bostick on "The Close." (Source: Bloomberg)
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