Corporate Borrowing & Debt

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.

The planned offering combining euro- and dollar-denominated bonds would test demand for high-grade debt since issuance ground to a halt earlier this week.

A robust secondary market is a boon for borrowers, as the improved liquidity can help lower their risk premiums.

A year ago, credit derivatives tied to individual companies didn't exist for many high-grade Big Tech issuers, but now they are some of the most actively traded U.S. contracts.