'Strong Demand for Tech Debt' as AI, M&A Booms

On "Bloomberg Real Yield", Rashaan Reid, co-head of global FICC sales at the global markets division at BofA, and Patrice Altongy, head of debt capital markets at HSBC Americas, speaks with Scarlet Fu about demand for debt, the AI boom and M&A funding. Companies are hurrying to the bond market for cheap M&A funding. That’s made this quarter the biggest in four years for acquisition financing at $113 billion globally, one of the highest tallies on record, according to data compiled by Bloomberg. (Source: Bloomberg)