The global debt crisis is set to get even worse: Total sovereign and corporate bond issuance is estimated to rise to a record $28.8 trillion in 2026.

That would mark the 4th consecutive annual increase and would also DOUBLE the average pre-pandemic levels. Corporate debt issuance is set to surge to a record $6.9 trillion, while government debt issuance is expected to rise to $21.9 trillion, also an all-time high. By comparison, governments an