IMF projects emerging economies will spend almost 11% of taxes on debt.

The share was about 7% between 2011 and 2019, and advanced economies face above 9%.

In more economies, rates on new debt now exceed expected nominal growth, so debt ratios rise without stronger primary balances, IMF economists wrote.

Finance ministers and central bankers take up the yields at the IMF-World Bank meetings in Bangkok this week.

How each outlet framed it
South China Morning Post
ties the G7 10-year yield rise (over 1 point since February) to emerging-market funding costs via capital flows into advanced economies

Sources: South China Morning Post