[Goldman Sachs Says AI Debt Supply Pressure is Accumulating in the Credit Market] According to Jinse Finance, on November 8th, Goldman Sachs warned that the five largest hyperscale cloud computing providers completed $67 billion in bond issuance within just one week, bringing their total bond issuance this year to $296 billion, exceeding Goldman Sachs' upper limit for the full year – a scenario where the model is broken by reality every 48 hours. Goldman Sachs explicitly pointed out that credit spread risk is "clearly biased towards widening" before December, with new AI trading premiums reaching as high as 18 basis points, approaching junk bond levels.