Bank of America strategists said AI-driven debt issuance by tech giants like Amazon and Alphabet is crowding out emerging-market sovereign bond demand, with EM dollar bond yields up nearly 1 percentage point since H2 and EM sovereign bond issuance roughly halved to $45 billion since July 1 version $91 billion a year earlier.
Jin1010/13, 03:24 PM
- 56%
Figures as quoted by Jin10