Updated
Updated · Bloomberg · Jun 4
Apollo's Zelter Sees Investment-Grade Debt Sales Beating Treasury Issuance in 2026
Updated
Updated · Bloomberg · Jun 4

Apollo's Zelter Sees Investment-Grade Debt Sales Beating Treasury Issuance in 2026

1 articles · Updated · Bloomberg · Jun 4

Summary

  • Investment-grade corporate bond sales will exceed net US Treasury issuance this year, Apollo President Jim Zelter said in a Bloomberg TV interview on Thursday.
  • Magnificent Seven tech companies and other large borrowers are expected to drive that surge as they raise heavy funding for expansion.
  • Zelter said the outlook also reflects the depth of US capital markets, pointing to a pipeline of mega-IPOs, including one he said could involve Alphabet.
  • The call suggests private-sector financing demand could rival or surpass government borrowing in 2026, underscoring how strongly big US companies are tapping capital markets.

Insights

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