economy
Governments Maintain Deficits as Bond Markets Stay Calm
Governments have largely stopped efforts to address budget deficits, while sovereign bond markets have so far refrained from penalizing sustained borrowing.
A financial status occurring when government expenditures exceed collected revenues.
A financial status occurring when government expenditures exceed collected revenues.
Governments have largely stopped efforts to address budget deficits, while sovereign bond markets have so far refrained from penalizing sustained borrowing.