Bonds
Boom driven by hyperscalers like Amazon, Oracle starting to widen credit spreads
Big U.S. tech companies are issuing tens of billions of dollars in bonds to fund AI-related projects such as data centers. (Source photos by Getty/Kyodo and Reuters)
MIYU FUKAWA, HARUKI KITAGAWA and SHINO KATAYAMA
TOKYO — Corporate bond issuance worldwide reached $3.68 trillion in the January-June period for another first-half record as companies vie to fund artificial intelligence investments, though concern about the aggressive borrowing has investors starting to seek higher yields.