Sovereign Debt Explained: How Nations Borrow and Default
Sovereign debt explained: how nations issue bonds, what separates domestic from foreign borrowing, and how debt restructurings actually work.
Sovereign debt explained: how nations issue bonds, what separates domestic from foreign borrowing, and how debt restructurings actually work.
April 2026 TIC data: foreigners added $103B of long-term US securities. Japan and the UK led inflows; China holdings slid to the lowest since 2008.