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Tech Bonds Hit by Selloff as AI Debt Fears Race Through Markets

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Tech Bonds Hit by Selloff as AI Debt Fears Race Through Markets The bonds of some of the biggest US tech companies slid Thursday amid renewed worries about the scale of the debt-fueled artificial-intelligence boom and escalating conflict in the Middle East. With oil surging over $100 a barrel, inflation concerns are mounting and longer-term bond yields are climbing, threatening to increase the borrowing costs for the companies that have been piling hundreds of billions of dollars into AI.

Tech Bonds Hit by Selloff as AI Debt Fears Race Through Markets The bonds of some of the biggest US tech companies slid Thursday amid renewed worries about the scale of the debt-fueled artificial-intelligence boom and escalating conflict in the Middle East. With oil surging over $100 a barrel, inflation concerns are mounting and longer-term bond yields are climbing, threatening to increase the borrowing costs for the companies that have been piling hundreds of billions of dollars into AI.
US (LOCATION) the Middle East (LOCATION) AI (ORG)
Originally published by Bloomberg Technology Read original →