AI is reshaping credit markets in ways that demand a more thoughtful approach to investing. Public markets are being stretched by record financing needs, spreads leave little room for error, and traditional notions of diversification are being tested. Learn more in our latest outlook.

Key Takeaways:

Credit fundamentals remain resilient, but the margin for error is narrowing.
AI adoption is creating a new divide across credit markets.
Financing the AI buildout has become a market-capacity problem.
Private investment grade credit will be essential to closing the AI funding gap.
AI factor risk is changing what diversification means.

The information herein is provided for educational purposes only and should not be construed as financial or investment advice, nor should any information in this document be relied on when making an investment decision. Opinions and views expressed reflect the current opinions and views of the authors and Apollo Analysts as of the date hereof and are subject to change. Please see the end of this document for important disclosure information.

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