Fake news. The government can't even get 30 year money below 3.2% right now.
Blackrock doesnt have any 30 year debt (they have a very debt-light business model). Microsoft has 30 year bonds and theyre trading at around 4.5% right now. But of course, the default rate on AAA corporate debt is much lower than on Joe Schmo's mortgage.
Just for context, Microsoft is the one corporation in the world still has higher bond rating than the US government itself. S&P still has US's bond at AA+, and Fitch has US's bond at AAA with "negative" outlook. While all 4 credit agencies have Microsoft at AAA.
Blackrock doesnt have any 30 year debt (they have a very debt-light business model). Microsoft has 30 year bonds and theyre trading at around 4.5% right now. But of course, the default rate on AAA corporate debt is much lower than on Joe Schmo's mortgage.