Big Tech Debt Flood Is Taking Over Risk In Market: Credit Weekly
AI Summary
Big Tech companies are significantly increasing bond sales to finance their AI investments, exerting a growing influence on the US corporate bond market. This wave of debt issuance is reshaping risk dynamics in the market.
Big Techβs insatiable appetite for AI investment is unleashing a relentless wave of bond sales β and having a bigger impact on the US corporate bond market than might be obvious.