[JPMorgan: AI Giants' Bond Issuance Tests Investors' Resilience] According to a report by Golden Finance on August 27, Matthias Reschke, JPMorgan's Head of European Investment Grade Financing, stated that large-scale bond issuance by AI giants is testing the resilience of the bond market, with bond issuance pricing becoming a key indicator of investor demand. Reschke noted that bonds issued by ultra-large tech companies in the U.S. market trade at a spread approximately 55 basis points higher than other corporate bonds, reflecting a 'significant premium.' He emphasized that the market is not concerned about the inability to issue these bonds; the key lies in what price investors are willing to accept.