Swap rates have gained since the US-Iran war began in late February, as traders bet that an oil-driven inflation surge will lead to tighter monetary policy
Banga said that the World Bank has already answered calls for its share of debt relief in restructurings by providing billions of dollars in additional grants
U.S. Treasury yields sank on Thursday, with the 10-year yields hitting a fresh six-month low in Asian hours on Friday
US banks saw total deposits decline by a record 2.5 per cent in the first quarter of 2023
China debt swap could leave banks in capital hole