Goldman Lifts 2026 IG Supply Forecast to $2.3T on AI Issuance Surge
GS sits 43% above its 52-week low of $727.153.
Summary
Goldman Sachs raised its 2026 U.S. dollar investment-grade gross supply forecast to $2.3 trillion from $2.1 trillion, and net supply to $1.0 trillion from $850 billion, citing continued AI-related issuance. The bank notes 24% of year-to-date IG gross supply has come from AI issuers, pushing overall supply to a record. It also flags that euro IG may lose its technical advantage as hyperscalers diversify funding beyond dollars. The revision signals stronger-than-expected debt issuance activity, which could support Goldman's debt capital markets revenue. Watch for September issuance volumes and any further forecast adjustments.
At the time of this announcement, GS was trading at $1,036.49 on NYSE in the Finance sector, with a market capitalization of approximately $302.2B. The 52-week trading range was $727.15 to $1,153.99. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Binance News.