Is AI debt crowding out Treasuries? What TBAC found
AI-generated summary The Treasury Borrowing Advisory Committee told the US Treasury that it found no evidence AI-related corporate borrowing has crowded out demand for long-term government debt. The committee reported that tech-related debt issuance is estimated at about $586 billion in 2026 and $735 billion in 2027 while noting that the financing cycle remains in its early stages.