US Companies to Boost Their Borrowing in 2026, Wells Fargo Says

Wells Fargo & Co. expects blue-chip companies — particularly large technology firms funding massive artificial intelligence investments — to borrow more from the US bond market next year, taking advantage of favorable financing conditions.

US investment-grade bond issuance could reach as much as $1.85 trillion next year, up from as much as $1.7 trillion in 2025, Maureen O’Connor, global head of high-grade debt syndicate at Wells Fargo, said in a Bloomberg TV interview. That would make it rival 2020, she added.