Big Tech AI debt boom said to pressure Treasury yields
A market commentator said Big Tech’s AI-driven bond issuance, including SPVs, could reach a record $320 billion this year and compete with U.S. government debt for buyers.
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A market commentator said Big Tech’s AI-driven bond issuance, including SPVs, could reach a record $320 billion this year and compete with U.S. government debt for buyers.
BNP Paribas data cited by CNBC says AI companies have issued roughly $220 billion of debt this year as Treasury expands long-end buybacks to support bond markets.
Robinhood Market CIO Stephanie Guild says the AI spending boom may keep driving stocks higher, while rising Treasury yields and heavy capital needs could weigh on bonds and valuations.