leverage ratio latest publications
Nonfinancial business debt has increasingly come to the attention of economists working in the spheres of policy and finance. The main reason is the relatively high ratio of business leverage, and is recognized as a potential source of financial instability.
The search for yield and looser monetary policies across the board, favor sovereign spreads compression, despite a worsening global outlook, poorer incoming data and balance of risks, and the lack of improvement of fiscal disequilibria.
Against a background of increasing concerns on economic cycle strength and uprise of global trade tensions, the central banks' more dovish tone helps that financial tensions and global risk aversion remain bounded.