BREAKING ๐จ
US corporate net interest payments plunge to 0.4% of GDP, the lowest in a decade ๐.
Fed hikes lifted rates to 5.5% while firms kept pandemicโera ultraโlow loans. Government interest rose to 3.6% of GDP, a tenโyear peak. Corporates stay shielded; the Treasury feels the squeeze. The widening gap warns of fiscal pressure.
Investors watch the fiscal fallout closely.
$ALLO, $MET, $TAKE
US corporate net interest payments plunge to 0.4% of GDP, the lowest in a decade ๐.
Fed hikes lifted rates to 5.5% while firms kept pandemicโera ultraโlow loans. Government interest rose to 3.6% of GDP, a tenโyear peak. Corporates stay shielded; the Treasury feels the squeeze. The widening gap warns of fiscal pressure.
Investors watch the fiscal fallout closely.
$ALLO, $MET, $TAKE