Global debt hits record of near $353 trillion, with signs of move away from US

From kitco.com

Investors are showing signs ​of diversifying away from U.S. Treasuries as global debt levels hit a record of nearly $353 trillion by end-March, a report by the Institute of International Finance published on Wednesday found. IIF's quarterly Global Debt Monitor said that strengthening international demand for Japanese and European government bonds contrasted with broadly stable demand for U.S. Treasuries since the start of the ​year. "This highlights that there are some efforts by international investors diversifying away from U.S. Treasuries," Emre ​Tiftik, director at the IIF for Global Markets and Policy said ... (full story)