$14 Trillion in IG Supply Coming to the Market | March 24, 2026 | Torsten Slok's The Daily Spark | Apollo Global

Apollo: **Ten trillion dollars** in existing US government debt will need to be refinanced over the coming 12 months, see chart. The budget **deficit** this year is about **$2 trillion**. Total gross **corporate bond** issuance in 2026 is likely to be around **$2 trillion** because of increased supply from **hyperscalers**.