AIQuartzabout 1 hour ago
SoftBank Credit Default Swaps Hit 2022 High
2 min read
SoftBank Group Corp. credit default swaps widened to 432 basis points on Tuesday, the highest level since early November 2022. Concerns about AI spending funded by borrowing deepened after CoreWeave financial troubles highlighted sector leverage. SoftBank stock has fallen close to 50% from its June high.
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