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A new summary table from the just-released World Economic Outlook by the International Monetary Fund (IMF) is now available.
Mohamed A. El-Erian, president of Queens' College, University of Cambridge, shared the update and indicated that more information will follow.
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El-Erian recently highlighted that the U.S. budget deficit reached nearly $2 trillion for the fiscal year ending September 30, about 6% of GDP. In an earlier update, he noted the U.S. 10-year Treasury yield rose to 5.22 percent, the highest level since 2002. These developments reflect key issues tracked in his market commentary.