AI Hyperscaler Investments to Boost US Corporate Bond Issuance to $2.46 Trillion in 2026

US corporate bond issuance is projected to rise to $2.46 trillion in 2026, an 11.8% increase from 2025, driven mainly by AI hyperscaler companies expanding data centers and computing infrastructure. Analysts from Barclays and Bank of America Securities highlight that the five major AI hyperscalers—Amazon, Google, Meta, Microsoft, and Oracle—issued $121 billion in bonds last year, far exceeding prior averages. Their borrowing is expected to accelerate, potentially surpassing $300 billion annually, alongside refinancing and merger-related funding.