Nineteen companies priced investment-grade bonds in the US on Monday, the most issuers to hit the market in a single day since January. Through July 2026, IG issuance has reached $1,681 billion, a 26.9% increase compared to the same period in 2025. This surge is driven by AI infrastructure spending from hyperscalers like Alphabet, Amazon, and Meta, as well as refinancing needs from companies that issued debt during the low-rate years of 2020 and 2021. Investor demand has remained robust, with tight spreads indicating strong market absorption of new supply, allowing borrowers to raise capital at relatively low cost.
Source: Read the original article
