The wave of bond sell-offs in AI faces a "stress test"! It is reported that Google (GOOGL.US) plans to issue another $25 billion in bonds, putting the market's absorption capacity to a significant test.

According to the Zhito Finance APP, Googles parent company Alphabet (GOOGL.US) is returning to the bond market after significantly raising its capital expenditure guidance for 2026 to a maximum of $205 billion and recording its first quarterly negative free cash flow since going public. According to insiders, the company plans to raise up to $25 billion through its latest issuance of dollar investment-grade bonds. This will be yet another massive debt financing for the tech giant within a year, and it directly tests investors' genuine appetite for AI-related bonds after the sell-off wave in July.