Big Tech Issued $220 Billion of Bonds to Feed the Silicon Buildout

Through August 10 of this year, Alphabet, Amazon, Meta, Microsoft, and Oracle issued approximately $220 billion of corporate bonds, according to BNP Paribas data cited by Reuters. During the comparable period last year, that same group issued $12.5 billion. In less than twelve months, primary debt issuance from the five dominant cloud...