Global Bonds

Definition ∞ Global bonds are debt instruments issued by governments or corporations in a foreign currency. These bonds allow entities to raise capital from international markets. They represent a significant component of international finance and can influence currency valuations and interest rate dynamics across borders.
Context ∞ Global bonds are frequently discussed in relation to macroeconomic trends that impact digital asset markets, such as inflation or sovereign debt concerns. Their performance can offer insights into global liquidity and investor sentiment, indirectly affecting the risk appetite for speculative assets like cryptocurrencies. Changes in global bond yields often correlate with shifts in capital flows into or out of digital asset classes.