Amazon's $4.25B London Bond Raising Sparks Debt Market Saturation Concerns

Amazon has raised $4.25 billion in London, sparking questions about the US debt market's saturation point.

Jim Cramer noted that Amazon's decision to borrow from abroad is unusual for a company like Amazon, which typically raises funds in the US.

Cramer suggested that the US debt market may be saturated, but also emphasized that the London deal had 'not bad' terms, with a spread of 55 basis points over gilts.