Published Oct 12, 2026, 12:31 PM ET · Updated a month ago · 1 source
US bond market faces severe crack due to national debt and Big Tech borrowing
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Original Report
The US bond market is experiencing a severe crack, evidenced by borrowing costs reaching multi-year highs across 2-year, 10-year, and 30-year bonds, primarily due to the parabolic increase in US national debt and unprecedented borrowing by major tech companies for AI development, which creates intense competition for capital.