Big Tech’s AI buildout is now pushing corporate bond risk above the biggest US banks

mkheck · x · 2026-07-26

Big Tech’s AI spending boom is pushing companies to borrow heavily in the bond market, with Barclays saying tech debt now carries more risk than the six largest US banks. Credit spreads have widened, Amazon’s latest $25 billion debt deal got a lukewarm response, and Meta is reportedly heading back to the market again.

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