Hyperscalers have issued $244 billion in bonds in 2026, more than double last year. Weakening demand and wider spreads are pressuring global investor

Hyperscalers have issued $244 billion in bonds in 2026, more than double last year. Weakening demand and wider spreads are pressuring global investor

The coverage ratio for hyperscaler bond issuance tumbled from 5x in February 2026 to below 2x in July.