Global financial trends: US debt rises and European investment shifts

Global and regional financial trends show significant shifts in debt and investment. In the United States, the national debt is projected to hit $40 trillion sooner than expected, driven by rising bond yields and revenue losses. This situation creates pressure on European governments to manage rising borrowing costs and potential budget deficits.

In Central and Eastern Europe, Czech investors are expanding their footprint, investing approximately €1 billion in commercial real estate during the first half of the year. While total regional transaction volume is rising, Czech investment in its home market saw a decline. Meanwhile, in Poland, the banking sector reported a record in mortgage lending in July 2026, with monthly values exceeding 14 billion PLN due to increased creditworthiness and rising wages.

In the Czech Republic, the Czech National Bank has noted a concerning trend where consumer loans are increasingly being used to finance housing costs that fall outside mortgage eligibility. This shift toward more expensive, non-purpose loans suggests that high housing costs are driving households toward more costly debt structures.