Federated Hermes, Inc. Class B FHI

Global debt has climbed to a record $365t, and governments are spending more on interest than on AI, defense and clean energy. That kind of pressure on bond markets can ripple straight through money-market funds and cash-management providers where many investors park short term cash. This article walks through three stocks exposed to that story and explores why some investors are watching them closely right now. The three stocks below are only a sample of what this theme can look like in...