This week, ICE UK natural gas futures rose by a total of 18.55%. By late European trading on Friday (March 20), the price was 151.500 pence/therm, having reached 180 pence before the European market opened on March 19.
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The AI arms race drives up financing costs: US tech companies’ financing premium hits the highest level since 2003
The average bond financing cost premium for US investment-grade technology company borrowers, compared to the overall US market, has reached its highest level since 2003. Analysts point out that as financing supply continues to expand, the spread on US technology bonds may widen further. US technology companies are seeking to diversify their massive funding needs through different currencies and markets. BNP Paribas expects the net supply of investment-grade corporate bonds in the Eurozone to increase by 83% by 2027.
