UBS Raises 2026 Outlook for Tech Bond Issuance as Big Tech Boosts Capex Plans
UBS has lifted its forecast for U.S. investment grade bond issuance by big technology companies in 2026, reflecting expanded capital expenditure plans from major tech firms. At the same time, the bank cut its projection for U.S. leveraged loan issuance, citing the risk that AI-related disruption may be underpriced in leveraged loan and private cred…