Bond Giants DoubleLine, Oaktree Position for AI Bubble Burst With Selective Credit Debt Buying

According to BlockBeats, on June 7, DoubleLine Capital and Oaktree Capital are strategically positioning for a potential AI bubble collapse by selectively purchasing investment-grade credit debt resilient to deep credit cycles. DoubleLine fund manager Robert Cohen stated at Bloomberg's Global Credit Forum that "the probability of an AI bubble is roughly 100%," predicting markets will reach bubble levels as tech companies continue heavy investment.

U.S. mega-cap tech companies have issued over $155 billion in unsecured bonds globally this year, up 45% year-over-year, according to Barclays. Bloomberg Intelligence forecasts $5 trillion in enterprise AI capital spending over the next five years, with significant portions reliant on debt financing. Hut 8 raised approximately $4 billion in investment-grade debt this week for Nvidia-related data center projects, while Anthropic is nearing completion of a $36 billion chip purchase debt offering.