TNW

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

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