U.S. Debt Wall Reaches $14 Trillion as Rates Rise

2026-03-27 - 12:20

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