The amount of debt that the G7 and four of the BRIC nations will need to refinance this year...

|By:, SA News Editor

The amount of debt that the G7 and four of the BRIC nations will need to refinance this year will fall by $220B to $7.38T, Bloomberg calculates, although the amount the U.S. will have to cover will increase to $2.9T from $2.6T. Overall government debt returned 4.5% on average last year, led by a 78% gain on Greek bonds. However, yields on major sovereign debt are expected to remain low.