BREAKING: Global bond sales jumped +26% YoY in the first week of 2026, to ~$248 billion, the strongest start to any year on record. World debt issuance in the first 7 days is up +128% from 2020 and +351% from 2019. This comes as issuers that held back in December are now rushing into the market to secure funding before next week’s earnings blackout. Firms are also trying to get ahead of an incoming wave of AI-linked bond issuances, which will likely push borrowing costs higher.. The global borrowing rush is accelerating.(The Kobeissi Letter)