MarketPR
A DoubleLine research paper published July 2 argues that the surge in artificial intelligence infrastructure spending is a two-edged sword for the investment-grade corporate bond sector — one already well-recognized in equity markets but underrated among fixed-income investors.
The paper was written by Mariya Entina, Corporate Credit Portfolio Manager at the Tampa, Florida-based asset manager. Where the Equity Narrative Stops Short Entina's argument cuts across asset classes.
AI-driven capital expenditure has produced visible moves in certain high-flying stocks, making the infrastructure buildout a well-worn equity story.
What the DoubleLine paper contends is that the investment-grade corporate bond sector carries heavy exposure to that same capex cycle — and that bond investors have not assigned it commensurate weight as a risk factor.
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