But debt and interest expense don’t exist in a vacuum.| Wolf Street
Corporate profits, after exploding in the high-inflation era, fell this year. Tariffs are very difficult to pass on after the price spikes in 2020-2022.| Wolf Street
Bond market reacts to inflation expectations and supply of new bonds, not the Fed’s policy rates.| Wolf Street
With US debt issuance threatening to blow all fuses, foreign demand is an increasingly important question.| Wolf Street