The Global South faces higher borrowing costs

Ten-year treasury yields percentage averages

The figures represent each government's benchmark bid yield for ten-year bonds in certain G20 economies. These yields represent the main 'risk-free' rate for each country, forming the baseline cost for long-term borrowing and influencing corporate borrowing costs domestically. A higher yield means a higher borrowing cost.
Chart: Eugenia PerozoSource: UNCTAD, LSEG DataStreamGet the dataCreated with Datawrapper