Credit Edge: Newfleet Warns of AI Long-Term Debt Trap (Podcast)
Long-term debt bets on technology companies that are borrowing heavily for AI may end in tears, according to Newfleet Asset Management President and Chief Investment Officer Dave Albrycht. “It’s one...
By Inigo Imaz Blanco · Bloomberg
Long-term debt bets on technology companies that are borrowing heavily for AI may end in tears, according to Newfleet Asset Management President and Chief Investment Officer Dave Albrycht. “It’s one of the biggest risks out there,” Albrycht tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Arnold Kakuda in this episode of the Credit Edge podcast. “There’s no free lunch in the bond market.” Besides investment-grade companies borrowing to fund equity-like risk, they discuss the risk