Asset-Backed Bond Market Is Helping to Fuel the Global AI Boom

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The AI revolution is increasingly being funded in a little-watched part of the debt market.

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Great Bank Asset Sale Is a Boon for Bond Market: Credit Weekly(Bloomberg) -- Banks are dumping assets and many of them are turning to a booming sector of the bond market to do so. Most Read from BloombergPutin Is...
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Great Bank Asset Sale Is a Boon for Bond Market: Credit WeeklyBanks are dumping assets and many of them are turning to a booming sector of the bond market to do so.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Asset-Backed Debt Sales Reach $175 Billion in Bumper First HalfSome $175 billion worth of debt backed by assets such as mortgages has been sold in the US and Europe so far in 2024, in what is shaping up to be the busiest half of issuance for the sector in at least six years.
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