DG

Mostly stocks

[zerohedge @zerohedge]

Morgan Stanley expects hyperscalers to borrow $400 billion this year, more than double from $165 billion in 2025. The offering spree will drive high-grade corporate bond issuance to a record $2.25 trillion this year

[DG @gordocap18]

@BillAckman Bill, does Pershing Square still believe that the Treasury is unlikely to exercise its warrants and dilute existing Fannie Mae common shareholders in the event of an IPO?