Global debt markets remained resilient in 2025 despite borrowing levels reaching record highs, but increasing reliance on shorter-term bond issuance is raising refinancing risks, according to a report by the Organization for Economic Co-operation and Development (OECD) released on Wednesday. In its Global Debt Report 2026, the OECD said governments and companies are increasingly issuing shorter-maturity bonds to reduce the impact of higher long-term interest rates. [...]