Morgan Stanley warns AI disruption in software poses risk to US credit market
Morgan Stanley warns that AI disruption in software poses risks to the U.S. loan market. High debt levels and upcoming maturities increase refinancing concerns.
Insights:
Morgan Stanley issued a warning on February 10, 2026, stating that an AI-led selloff in software stocks could spill into credit markets in the US 
US. This potential shift poses a risk to portions of the $1.5 trillion U.S. loan market, as software loans constitute a significant segment of this financial landscape.
US. This potential shift poses a risk to portions of the $1.5 trillion U.S. loan market, as software loans constitute a significant segment of this financial landscape.
