AI bond deluge tests credit market’s appetite
Credit strategists say multi-year, poorly telegraphed AI issuance strains investor portfolios
Credit strategists have warned that the multi-year wave of debt issued by large US technology companies to fund artificial intelligence infrastructure will test investors’ ability to absorb it, with some estimates putting AI-related issuance at more than $600 billion this year.
Goldman Sachs researchers estimated around 18% of all investment grade (IG) issuance this year has come from AI-related
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Markets
NDF algo innovation rises as internal matching builds
Banks bolster offerings with new EM pairs and improved execution quality, in bid to increase internalisation
Japan’s Great Repatriation? Don’t count on quick returns
Switch from Treasuries to JGBs by GPIF likely to be gradual, which may spell more bad news for hedge funds
Kalshi seeks CFTC approval for 10-year US Treasury perp
Extended review period for first-of-its-kind contract will run until November 29
CME’s single-stock futures rev up to overtake ‘ugly’ options trade
New cash-settled contracts with EFP facility could be an appealing alternative to reverse conversions
Hedge funds crowd into bullish Brazilian real trades
Funds snap up FX options betting on stronger real after a Bolsonaro win
XiNG provides the platform for Citi’s growth
Citi’s best-in-class risk management platform, XiNG, provided the foundation for the firm being named Risk’s 2026 Derivatives house of the year
Euro Stoxx 50 to get major revamp
Removing supersector caps and more regular rebalancing could spur increased activity in eurozone index
Continuous verification holds key to keeping AI on track
Decision-by-decision testing will help users trust AI judgement calls
