Definition ∞ Debt markets represent a financial arena where participants trade debt instruments, such as bonds or loans. These markets enable entities like governments and corporations to borrow capital from investors. Transactions occur both in primary issuance and secondary trading venues. They are fundamental to global economic operations.
Context ∞ In crypto news, debt markets are increasingly relevant with the rise of decentralized finance (DeFi) lending protocols. A key debate surrounds the integration of traditional debt market principles with blockchain-based lending. Observing the expansion of tokenized debt and its regulatory oversight will provide crucial insights.