Artificial intelligence, a machine for issuing debt
Los mercados de crédito y de tipos de interés se tambalean ante el auge de las emisiones de deuda de los hiperescaladores y están cambiando parte del sistema financiero. Leer
Global credit and interest rate markets are experiencing turmoil due to the surge in debt issuance by tech giants, also known as hyperscalers. According to Goldman Sachs, investment-grade bond issuance in US dollars has already exceeded $1.5 trillion so far this year, on track to surpass the previous record of $2.1 trillion set during the pandemic.
The average size of these deals is $1.7 billion, with at least 20 operations valued at $10 billion or more. This trend is transforming the financial system, with investors facing new challenges in credit concentration and hedging.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.