‘Aggressive’ new issue season raises concern for widening tech spreads
30 January 2026
Data centre-related capex and rising financing needs resembles millennium telecom issuance, says Bryn Jones, Head of Fixed Income, Rathbones Asset Management. Active credit funds may be better placed to navigate such pressures and avoid being forced buyers of supply at unattractive levels. Global credit markets have seen one of the most aggressive new issue...
