Inside the Biggest Bond Boom in Years

Record AI-capex-driven bond issuance is splitting credit markets into resilient investment-grade strength and growing CCC/distressed stress.

• Record IG issuance: Investment-grade bond volumes are up almost 25% year-to-date, driven by AI capex and resurgent M&A, per Anish Shah.
• New cash inflows: Roughly $100 billion of new cash has flowed into investment-grade credit, with new investor pools (insurance, annuity-funded capital, private credit) adding capacity.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.