World’s Biggest Economies Face $7.6T Debt

A man walks on a container at a shipping terminal in Tokyo on Dec. 21, 2011.
Photographer: Tomohiro Ohsumi/Bloomberg

By Keith Jenkins and Anchalee Worrachate

Governments of the world’s leading economies have more than $7.6 trillion of debt maturing this year, with most facing a rise in borrowing costs.

Led by Japan’s $3 trillion and the U.S.’s $2.8 trillion, the amount coming due for the Group of Seven nations and Brazil, Russia, India
and China is up from $7.4 trillion at this time last year, according to data compiled by Bloomberg. Ten-year bond yields will be higher by year-end for at least seven of the countries, forecasts show.

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