Alphabet (GOOGL) Stock: Why This 100-Year Bond Has Credit Markets Worried

TLDR Alphabet launched a rare 100-year sterling bond worth £1 billion, drawing 10 times oversubscription from institutional investors seeking long-term assets. The century bond is part of a $20 billion multi-currency debt package to finance AI infrastructure as Alphabet’s 2026 capex hits $185 billion. Market analysts warn the deal indicates late-cycle market exuberance as tech [...]

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