The emergence of large amounts of AI-related debt is putting pressure on bond spreads, and spending in the field of artificial intelligence will drive the total issuance of convertible bonds in the US to a record of 131 billion US dollars in 2026. Up to now this year, the return on technology convertible bonds has reached 53%, but pressure from other sectors of the debt market is gradually showing.

The emergence of large amounts of AI-related debt is putting pressure on bond spreads, and spending in the field of artificial intelligence will drive the total issuance of convertible bonds in the US to a record of 131 billion US dollars in 2026. Up to now this year, the return on technology convertible bonds has reached 53%, but pressure from other sectors of the debt market is gradually showing.