Big Tech’s AI Bond Splurge Is Squeezing Out Weaker Corporate Borrowers – Startup Fortune

Big Tech's AI Bond Splurge Is Squeezing Out Weaker Corporate Borrowers


Treasury yields have climbed to multi-year highs, with the 30-year above 5.3%, just as hyperscalers flood bond markets with over $200 billion in AI-related debt. The combination is squeezing CCC-rated borrowers, whose default rates are climbing toward 2% as refinancing gets more expensive.



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