U.S. Interest Rates Could Stay Elevated Due to Heavy Debt Issuance
Dow Jones08-06
1327 GMT - U.S. interest rates could remain high due to growing demand for funding by corporates and the government, Federated Hermes' R.J. Gallo says in a note. Rising debt issuance by AI-linked companies and persistently high borrowing from the U.S. government suggest that interest rates could stay elevated to attract capital, he says.
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