Brill, head of investment grade credit at Invesco Investments in North America, predicts that with the recent surge in US Treasury yields leading to high financing costs, corporate bond issuance will “fall off a cliff” this quarter. Credit channels are still open, “but interest rates are too expensive.” “If you have to borrow now, you're going to have to pay a lot of money. And those companies that can wait will try to wait and see.” He pointed out that companies currently in need of immediate financing include Paramount Skydance and major hyperscale cloud computing giants that are speeding up the construction of artificial intelligence infrastructure such as data centers.

Brill, head of investment grade credit at Invesco Investments in North America, predicts that with the recent surge in US Treasury yields leading to high financing costs, corporate bond issuance will “fall off a cliff” this quarter. Credit channels are still open, “but interest rates are too expensive.” “If you have to borrow now, you're going to have to pay a lot of money. And those companies that can wait will try to wait and see.” He pointed out that companies currently in need of immediate financing include Paramount Skydance and major hyperscale cloud computing giants that are speeding up the construction of artificial intelligence infrastructure such as data centers.