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Weather, bond turmoil to pressure economy, OECD warns

Billions of dollars are expected to be added to the Australian government's debt interest bill as bond yields surge to 15-year highs.

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Rising government bond yields a nightmare for public finances — Pressures from energy subsidies and increased borrowing costs

OECD countries spent more than $2 trillion last year on debt interest alone. The bill is expected to rise further as governments borrow more expensive to cover growing... OECD: Debt interest eats up budgets — Over $2 trillion in annual accounts - NAUTEBORIKI

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BizToc broke the news on Wednesday, September 23, 2026.
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