US convertible bonds set for record year as issuers harness AI boom Convertible bonds are on track for a record year in the US, largely driven by the AI boom. Investors are increasingly using zero-interest debt instruments to gain exposure to high-growth technology stocks. This strategy allows them to participate in potential stock price increases while limiting downside risk.

• US convertible bonds are experiencing a surge, potentially setting a record year.
• The AI boom is a significant factor driving this trend.
• Investors are utilizing zero-interest debt for options on high-growth tech stocks.
• This approach offers a way to invest in volatile tech without significant upfront cost. Continue reading https://www.ft.com/content/159fde75-7ad7-452f-a385-574655558da0