Does not look too good my friend, I had a similar insect bore a hole into a stalk of mine last year, then it spewed out some funky eggs or something like your pics, perhaps they are larvae that use the inner stalk for metamorphasis then they mature and fly away, fact of the matter is that my plant looked fine afterwards but in mid September the lower stalk succombed to a fungus and it just fell over on itself! Just that one hole weakened the whole plant, you've got an infestation and your stalks are bulging! That didn't happen to me. Could be a beatle or something, the damage is detrimental, I'm not sure what to tell you. I'll attach my link from last year.