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AI Funding Needs Drive US High-Grade Bond Sales to Annual Record

US investment-grade bond sales are poised to set an annual record on Monday, surpassing the $1.75 trillion issued during the pandemic-fueled borrowing boom of 2020, as a surge in artificial intelligence spending drives companies to raise more debt.

This article was originally published by Bloomberg Markets and is republished here under license.

US investment-grade bond sales are poised to set an annual record on Monday, surpassing the $1.75 trillion issued during the pandemic-fueled borrowing boom of 2020, as a surge in artificial intelligence spending drives companies to raise more debt.

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