Story thread · 2 reports / 2 sources

BNP says AI borrowing will end the credit bull market, and it is lending to AI too

thenextweb.com · 4dShare

BNP Paribas expects the years-long rally in corporate bonds to break as hyperscalers flood the market, forecasting some $400B of their bond sales next year and a record $3.7T of net fixed income supply. The ECB reached a similar conclusion in August, finding US tech now accounts for close to a tenth of new euro […] This story continues at The Next Web

First report: BNP Says Too Much AI Borrowing Will End Bull Market in Credit — bloomberg.com, 4d