This chart never ceases to amaze me.
— Stephane Deo (@StephaneDeo) August 26, 2026
The US debt service has effectively been shifted from corporates to the government.
That’s why the credit market remains so well-behaved despite the mounting pressure on Treasuries. pic.twitter.com/YQfZtGbBD7
Wednesday, August 26, 2026
The US debt service has effectively been shifted from corporates to the government.
