The Rapid Growth of Global Corporate Debt

The video discusses the global increase in debt since 2008, highlighting the significant growth in both government and corporate debt. China is noted for its substantial rise in corporate debt, which poses policy challenges for maintaining economic growth. The shift from bank loans to capital markets is examined, along with the associated risks of declining credit quality in the bond market.

How has the bond market changed in relation to corporate debt over the last decade?

What risks are associated with the growth in the bond market, particularly regarding credit quality?