European bond markets face pressure as U.S. technology companies increasingly seek European financing for artificial intelligence investments, Reuters reported on Tuesday.
The borrowing wave is expanding corporate bond supply and could push up funding costs for other businesses and governments competing for investors.
Alphabet launched another euro-denominated bond sale on Monday. Investors expect Meta, Amazon and Microsoft to increase borrowing outside the United States as infrastructure spending accelerates.
Technology-related debt issuance in Europe has reached $39.3 billion this year, highlighting the growing financing demands of the AI boom.
