Question to the HM Treasury:

To ask Her Majesty's Government what assessment they have made of the ability of global markets to fund the borrowing by developed countries as a result of the COVID-19 pandemic

HM Treasury continuously monitors the global economy. Since the onset of the COVID-19 pandemic, developed countries have responded with considerable fiscal support. The IMF has affirmed the vital role of such support, and notes that markets expect sovereign bond yields to remain low in advanced economies over the medium term.