Pimco Says ‘Too Much, Too Fast’ AI Debt Is Stoking Bond Yields

Pimco Says ‘Too Much, Too Fast’ AI Debt Is Stoking Bond Yields →

The flood of debt financing for AI capital expenditures is causing “indigestion” in fixed-income markets and fueling yields, but that dynamic should result in decent longer-term returns for investors, according to Pacific Investment Managem…