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International Business Times
International Business Times
Business
Demian Bio

Global Debt Hits New Record, Institute Of International Finance Report Shows

Global debt now stands around $353 trillion. (Credit: AFP)

Global debt has hit a new record of around $353 trillion, according to a new report by the Institute of International Finance.

The report also noted that some investors seem to be diversifying away from U.S. treasuries, and there is higher demand for Japanese and European government bonds.

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