Corporate Borrowing & Debt

The roughly $50 billion in financing, which will also include around $12 billion in junk bonds and $7.5 billion in loans, may start as soon as the next couple of weeks.

The longest portion of the offering, a 30-year security, may yield about 1.05 percentage points above Treasuries.

"The dollar market is becoming crowded, so there's an incentive to take these deals outside the U.S."

The issuance was the largest among 12 high-grade offerings and part of an active session in U.S. debt-capital markets today.

QTS's debut high-grade bond sale continues the trend of investor funds funneling into infrastructure for AI hyperscalers.

Amazon's jumbo debt sale can't be seen as representative of broader credit-market demand; as geopolitical uncertainty continues to be the main factor weighing on markets.