Debt

Treasury yields hit 25-year highs as persistent inflation and AI capex drive borrowing costs up, creating a policy conflict between the Federal Reserve and the Trump administration.

The 2027 budget allocates $4.7 billion to the state oil company, down from $16 billion in 2026, signaling a shift away from subsidies after a $130 billion bailout.

Tech giant's first UK pound bond sale expands its multi-currency funding for AI infrastructure, joining record $80 billion annual borrowing.

Interest costs jump 17 percent in a single year as the Finance Ministry sets its provisional bond rate at 3.8 percent, narrowing room for discretionary spending.

A Nikkei study finds U.S. tech firms' off-balance-sheet AI liabilities swelled eightfold in four years, complicating risk assessment for investors and credit analysts.