Franklin Templeton Bets on AI Debt: CEO Backs High-Yield Tech Company Bonds Over Equity Risk
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Franklin Templeton CEO Jenny Johnson says major technology companies' short-term debt offers compelling risk-adjusted returns as hyperscalers accumulate massive capital commitments to AI infrastructure. Speaking at the Milken Institute Asia Summit, Johnson highlighted 9% yields on two-year notes from the largest cloud and AI-focused companies as an attractive alternative to riskier longer-duration investments.
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