# Big Tech’s AI Borrowing Binge Is Driving Up Bond Yields

> Source: <https://politicalwire.com/2026/08/21/big-techs-ai-borrowing-binge-is-driving-up-bond-yields/>
> Published: 2026-08-21 09:53:23+00:00

“Economists have been repeatedly dumbfounded by the resilience of the economy in the face of the Covid-19 pandemic, wars, tariffs, inflation and sharply higher interest rates. A simple answer has provided a catchall explanation: the growth of artificial intelligence,” the [New York Times](https://www.nytimes.com/2026/08/20/business/bond-yields-tech-ai-debt.html) reports.

“But the growth of A.I. also poses a risk, reflected in the nearly two-decade highs that yields on U.S. government bonds hit this week, prompting the Treasury Department to try to put a lid on borrowing costs.”

“That risk stems from a borrowing binge by some of the biggest technology companies in the world.”

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