摩根士丹利预计数据中心资产支持证券利差将进一步走阔
Morgan Stanley Expects Data-Center ABS Spreads to Widen Further
摩根士丹利策略师预计，为人工智能项目融资的企业涌向不同债务市场，将推动数据中心资产支持证券利差继续走阔。当前AAA级数据中心证券利差约为200个基点，投资者普遍预期利差还会扩大；资本结构中较低层级的利差也将走阔，但速度可能放缓。
October 26, 2026 at 5:46 PM UTC
Spreads on asset backed securities funding data-center developments will continue to widen as companies rush to tap different debt markets to finance their artificial intelligence endeavors, according to Morgan Stanley strategists.
AAA data-center spreads around 200 basis points look attractive, but the consensus among investors seems to be that there will be further widening, strategists including James Egan and Carolyn Campbell wrote in an Oct. 22 note. This will also happen further down the data-center ABS capital stack, though the pace is likely to slow, they added.
来源：Bloomberg Markets · bloomberg.com