U.S. Debt Wall Reaches $14 Trillion as Rates Rise
Key Points — Apollo’s chief economist Torsten Slok warns that $14 trillion in investment-grade debt will hit the market this year: $10 trillion in US Treasury refinancing, $2 trillion in deficit spending, and $2 trillion in corporate bonds — The supply flood is already pushing up interest rates and credit spreads as investors demand higher […] The post U.S. Debt Wall Reaches $14 Trillion as Rates Rise appeared first on The Rio Times.
Key Points — Apollo’s chief economist Torsten Slok warns that $14 trillion in investment-grade debt will hit the market this year: $10 trillion in US Treasury refinancing, $2 trillion in deficit spending, and $2 trillion in corporate bonds — The supply flood is already pushing up interest rates and credit spreads as investors demand higher […]
The post U.S. Debt Wall Reaches $14 Trillion as Rates Rise appeared first on The Rio Times.