ECB blog warns big US tech inflows may raise euro credit risk
A European Central Bank blog says US tech giants are flooding the euro bond market to fund AI investments, potentially crowding out other borrowers and pushing up financing costs, including for governments, raising credit risks.
U.S. tech giants are flooding the euro zone bond market to fund huge AI investments, potentially crowding out other borrowers, pushing up financing costs even for governments and raising credit risks, according to a European Central Bank blog post.Tech firms such as Google, Amazon and Microsoft, of…