That bond has 24 years to maturity. If you look at US Treasury bond yields with about 25 years to maturity, the current yield is about 5.29%. That means the spread is less than 100bps. That is pretty small. Google (Alphabet) still has an excellent credit rating: AA+.
GOOGL 2.050% 15Aug2050 Corp
Current Bid/Ask yield: 6.134/6.045
That bond has 24 years to maturity. If you look at US Treasury bond yields with about 25 years to maturity, the current yield is about 5.29%. That means the spread is less than 100bps. That is pretty small. Google (Alphabet) still has an excellent credit rating: AA+.