Lates News

The issuance of investment-grade bonds in the United States set a new record in June, driven primarily by strong investor demand and large-scale borrowing related to the AI spending boom. According to Bloomberg data, issuance this month has reached $175 billion, 60% higher than the full-year level in June 2025 and surpassing the historical peak set in 2020 - when borrowing activity surged in the near-zero interest rate environment following the COVID-19 pandemic. The rapid pace of bond issuance highlights the profound impact of tech companies financing AI infrastructure construction on the debt market. NVIDIA and SpaceX each issued $25 billion in high-rated bonds this month, bringing the overall issuance volume well above the traders' previous forecast of around $130 billion for June.