Debt Desk — Debt Desk — September 27, 2026: Hormuz Rejected, New China Channels and a Steep Curve
President Trump rejects Iran’s Strait of Hormuz proposal, Washington and Beijing establish new AI and military communication channels, and storms batter the Northeast and Hawaii. Debt Desk examines a steep Treasury curve, firm SOFR, fresh Freddie Mac and private-credit multifamily loans, and selective execution across banks, life companies, CMBS and debt funds.
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