AI debt splurge is warping credit spreads: Marty Fridson
By Marty FridsonThe AI boom has unleashed an avalanche of corporate debt issuance by tech giants, upending some long-held valuation rules. With the debt binge showing no signs of slowing, these anomalies could deepen.In the past year, roughly $220 billion of debt has been issued by U.S. hyperscaler…
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