Market fears EM debt pile-up, as defaults and downgrades loom
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Market fears EM debt pile-up, as defaults and downgrades loom

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As debt levels across emerging markets reach unprecedented highs, bankers, investors and analysts alike are beginning to worry about the potential implications on sovereigns in the post-pandemic world. The increased fear of downgrades, defaults and unwinding of stimulus packages is giving market experts much to think about.

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