CoreWeave bond yield tops 16% as AI credit stress rises
AICoreWeave's 2032 bond with a 9.625% coupon has climbed above 16%, and its five-year credit default swaps spiked above 1,289 basis points on Thursday, according to Deutsche Bank. CNBC reports that investors are also demanding more protection against default from larger issuers such as Nvidia, Broadcom, and Amazon, though their spreads remain low.
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Hacker News · AI (150+ points) · lxm · cnbc.comPublished · added here