Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are 'reverse crowding' the Treasury

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Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are 'reverse crowding' the Treasury | Fortune

"Capital flowing into corporate bonds is capital not flowing into Treasuries, and Treasury yields have had to rise to clear the market."