Microsoft issuing bonds for the first time in 10 years 👀
Offering 2yr, 10yr, even 40yr maturities. Rates ~135bps over Treasuries.
$MSFT gave back all its premarket gains on the news. But it's only $25B - probably just joining the party since everyone else is tapping the debt market rn.
When big tech needs to borrow, you know liquidity conditions are shifting. Watch how this plays into their AI capex plans.
Offering 2yr, 10yr, even 40yr maturities. Rates ~135bps over Treasuries.
$MSFT gave back all its premarket gains on the news. But it's only $25B - probably just joining the party since everyone else is tapping the debt market rn.
When big tech needs to borrow, you know liquidity conditions are shifting. Watch how this plays into their AI capex plans.