Morgan Stanley leads Wall Street in AI debt deals as global issuance targets $570 billion in 2026, raising both opportunities and systemic risk concerns.

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

Morgan Stanley leads Wall Street in AI debt deals as global issuance targets $570 billion in 2026, raising both opportunities and systemic risk concerns.