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Warsh ties part of the yield rise to hyperscalers' funding competition
Fed Chair Kevin Warsh said hyperscaler fundraising partly explains rising yields, as companies add about six times the Treasury's increase in bond supply. Pension funds and insurers that buy 30-year paper are being asked to fund both borrowers from a pool Employ America's Skanda Amarnath calls finite.
Publishers:americanbanker.com
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