According to Lisa Abramowicz, bond issuance has surged since September, highlighting rapid expansion in debt used to finance artificial intelligence initiatives, source: Lisa Abramowicz on X. She adds that global data center financing is expected to approach nearly 3 trillion dollars through 2028, reflecting Wall Street concerns about an AI spending bubble, source: Wall Street Journal as cited by Lisa Abramowicz. For traders, elevated AI-linked financing intensity is a key macro risk input for tech and correlated risk assets, with potential spillovers to crypto given the documented post-2020 equity-crypto co-movement, source: IMF Global Financial Stability Note 2022 and Wall Street Journal.