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Fitch says global sovereign credit cycle improves, sees rising debt
July 12, 2017 / 8:54 AM / 4 months ago

Fitch says global sovereign credit cycle improves, sees rising debt

July 12 (Reuters) - The global sovereign credit cycle reached an inflection point at the end of last year and has turned less negative in 2017, Fitch Ratings said in its mid-year sovereign review and outlook.

Fitch said the biggest constraint on ratings is “high and still-rising government debt levels” in both developed and emerging markets. (Reporting by Kanishka Singh in Bengaluru; Editing by Amrutha Gayathri)

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