11 December 2025 | 2:33PM EST Economics Research Global Markets Daily: AI Capex to Boost Yield Sensitivity to Debt Supply Bill Zu +1(212)357-8230 | bill.zu@gs.com Goldman Sachs & Co. LLC Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclosure Appendix, or go to www.gs.com/research/hedge.html. c45a43530f604d12bcb9a82b5aa6b9f6 -2 -1 0 1 2 3 4 5 1992 1995 1998 2001 2004 2007 2010 2013 2016 20 ...