AI Bond Deluge: IG Issuance Sets $145.2B August Record
August 2026 investment-grade bond sales hit $145.2B, a third straight monthly record, as Alphabet, Amazon, Oracle and Meta borrow to fund AI infrastructure.
investment grade bonds
IG Bond Buyers Yank 36% of Orders as Supply Overwhelms
US investment-grade bond issuance is on a record 2026 pace, but buyers pulled 36% of orders this week after pricing was squeezed — twice the prior week.
Credit Spreads at 20-Year Tights as Supply Tops $1.7T
IG at 81bps, HY at 281bps, and $1.68T of corporate bonds already issued YTD — why record supply keeps meeting record demand in the credit market.
AI Debt Deluge Meets Pushback: Cover Ratio Halves to 2x
Hyperscaler bond books have slid from 5x oversubscribed in February to under 2x by July, as AI-related debt heads to $570B and Moody’s warns.
M&A Push Puts July IG Bond Sales on Pace for Decade High
Bank of America projects $130 billion of July U.S. investment-grade issuance, just shy of 2015’s record, as M&A financing and Big Tech capex flood the tape.
SpaceX Prices $25B Inaugural Bond on $89B in Orders
SpaceX sold $25B across five tranches in its first-ever bond sale, drawing nearly $89B in orders and tightening spreads 25 bps from talk.
Investment Grade vs High Yield Bonds: A Complete Guide
How investment grade and high yield bonds differ: rating cutoffs, spreads, default rates, recovery rates, and the math behind credit risk.
Investment Grade vs High Yield: Ratings, Spreads, Defaults
Investment grade vs high-yield bonds explained: the BBB-/Baa3 cutoff, credit spreads, default rates, and recovery — what actually separates the two.
IG Credit Spreads Near 3-Year Lows as Corporate Borrowers Rush In
Investment-grade credit spreads compressed to 79 basis points in May 2026, near their tightest in over three years, as companies race to lock in cheap borrowing costs.
Big Tech’s AI Debt Surge Is Reshaping Corporate Bond Markets
Meta, Alphabet, Amazon and Microsoft will spend ~$700B on AI in 2026 — debt-funding is flooding the investment-grade bond market with record supply.