Rick Reed, BlackRock's chief investment officer for global fixed income, said that the artificial-intelligence-driven bond boom has brought the most attractive fixed income investment opportunity in many years, and its appeal has surpassed long-term US Treasury bonds. In a media interview, he said, “Whether in the bond market or the stock market, I have never seen such a large-scale wave of financing.” He said, “This was one of the most exciting stages of investing I've experienced. I spent the weekend reviewing these deals and was deeply involved in some of them.” Major cloud vendors may invest up to $1 trillion a year in this technology, which is expected to reshape the global economy, and the AI industry is in the midst of a capital expenditure cycle. This round of expansion enabled the world to surpass $300 billion in high-quality AI-related financing in 2026, or about three times the total volume for the full year of 2025.

Rick Reed, BlackRock's chief investment officer for global fixed income, said that the artificial-intelligence-driven bond boom has brought the most attractive fixed income investment opportunity in many years, and its appeal has surpassed long-term US Treasury bonds. In a media interview, he said, “Whether in the bond market or the stock market, I have never seen such a large-scale wave of financing.” He said, “This was one of the most exciting stages of investing I've experienced. I spent the weekend reviewing these deals and was deeply involved in some of them.” Major cloud vendors may invest up to $1 trillion a year in this technology, which is expected to reshape the global economy, and the AI industry is in the midst of a capital expenditure cycle. This round of expansion enabled the world to surpass $300 billion in high-quality AI-related financing in 2026, or about three times the total volume for the full year of 2025.