Large U.S. companies are increasingly turning to Europe’s debt markets, drawn by lower borrowing costs and a desire for diversification in their funding sources. The trend is driven by uncertainty surrounding President Trump’s tariffs, causing significant market fluctuations. 0.018% to 0.2% yield spreads make borrowing in Euros significantly cheaper compared to U.S. borrowing rates. This shift comes amid record issuance of Euro bonds from major companies like Google and Pfizer, with the average European corporate bond yield falling below its U.S. counterpart. Experts attribute this trend to companies seeking a more stable financial landscape amidst volatility in the US market.