ALPHABET's 100-year GBP bond, issued in Feb 2026 and maturing Feb 2126, has fallen more than 7% since issuance. Despite heavy initial demand and oversubscription, market participants point to the century tenor, a surge in issuance from global hypersc

2026-07-21

ALPHABET's 100-year GBP bond, issued in Feb 2026 and maturing Feb 2126, has fallen more than 7% since issuance. Despite heavy initial demand and oversubscription, market participants point to the century tenor, a surge in issuance from global hyperscale cloud providers and rising UK politics uncertainty as drivers of the sell-off, saying the outcome was not entirely unexpected. The move highlights broad weakness in investment-grade tech debt issued this year amid rising long-term yields, with additional pressure from AI-sector volatility and inflation.

Other News
2026-07-21

Sources say Washington has submitted a list to Japan outlining potential new projects for its investment program.

2026-07-21

Domestic News: 1. The Ministry of Industry and Information Technology's Lithium Battery and Similar Product Standards Working Group will hold a discussion meeting on 10 solid-state lithium battery industry standards. 2. The A-share STAR Market 50 I