US companies have issued more than $200b worth of bonds to finance huge artificial intelligence-related infrastructure projects this year, as analysts predict the splurge will “flood” the broader market and store up new debt risks for credit investors.
“The highly rated tech issuers’ huge appetite for debt to fund AI investment will divert demand from other areas of the corporate credit markets.”
https://www.ft.com/content/82f63f23-db20-4f6c-84f1-e7b45ca09f46
