The technology-funding frenzy could become a bust for credit markets if AI falls short of lofty expectations, according to Barclays. “If we get to a point where we see a lot of this issuance coming to the market — and then there’s some changes, where maybe certain things are a little bit less viable or a little bit less attractive — that leads to some downside risks,” Brad Rogoff, the firm’s global head of research, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Mike Campellone in the latest Credit Edge podcast. They also discuss “late-cycle” behavior, private-debt risk, asset-based finance and portfolio trades, as well as Barclays’ 2026 forecasts for credit spreads, defaults and global issuance.

<p>The technology-funding frenzy could become a bust for credit markets if AI falls short of lofty expectations, according to Barclays. &ldquo;If we get to a point where we see a lot of this issuance coming to the market &mdash; and then there&rsquo;s some changes, where maybe certain things are a little bit less viable or a little bit less attractive &mdash; that leads to some downside risks,&rdquo; Brad Rogoff, the firm&rsquo;s global head of research, tells Bloomberg News&rsquo; James Crombie and Bloomberg Intelligence&rsquo;s Mike Campellone in the latest Credit Edge podcast. They also discuss &ldquo;late-cycle&rdquo; behavior, private-debt risk, asset-based finance and portfolio trades, as well as Barclays&rsquo; 2026 forecasts for credit spreads, defaults and global issuance.</p>

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

<p>The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.</p>

The Credit Edge by Bloomberg Intelligence

Barclays’ Rogoff Sees Risk of AI Bust as Debt Issuance Ramps Up

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/43627ebc-ca13-4b37-8ae6-b3a90110b8e7/transcript

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