AI bull market "sucking dry" bank on-balance sheet space? Cost of US stock financing "exploding", end-of-quarter buyback market may face "pulse-like" impact

According to the Securities Times app, the demand for financing in the US stock market continues to accumulate, increasingly squeezing the available space on the balance sheets of bank dealers. Even though overall pressure at the end of the quarter is limited, it may still push up short-term interest rate levels. As the first half of the year comes to a close, the cost of financing in the US stock market has sharply risen, approaching pressure levels typically seen at the end of the year. A series of high-profile stock offerings (including SpaceX's record-breaking IPO), continued increases in stock market valuations, and a significant expansion in the size of leveraged ETFs are all driving up financing costs.