Goldman Sachs lifts 2026 bond forecast to $2.3T on AI demand

Goldman Sachs expects U.S. dollar investment-grade credit issuance to reach $2.3 trillion this year, up from its earlier estimate of $2.1 trillion, as companies continue raising debt to fund AI investments. The bank also dialed up its net supply projection from $850 billion to $1.0 trillion. It further asserted that they anticipate a steady, high...