B · Normal
[Goldman Sachs says AI debt supply pressure is accumulating in the credit market] On November 8, Goldman Sachs warned that the five largest ultra-large-scale cloud computing companies completed a bond issuance of US$67 billion in just one week, and the cumulative bond issuance during the year was US$296 billion, which has exceeded the upper limit of Goldman Sachs' forecast for the whole year - the model is penetrated by reality every 48 hours. Goldman Sachs clearly pointed out that credit spread risk was "clearly biased towards widening" before December, and the premium for new AI transactions was as high as 18 basis points, close to junk bond levels.
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