Total bond issuance from major technology firms and their special purpose vehicles is projected to reach an all-time high of $320 billion this year. This surge in corporate borrowing, linked to the artificial intelligence expansion, is currently exerting upward pressure on Treasury yields.
The anticipated debt volume represents a $120 billion increase compared to the previous year's figures. This shift marks a 60% year-over-year growth rate in capital raising activities across the technology sector.