AIAxios Techabout 2 hours ago
CoreWeave Bonds Yield Above 15 Percent
2 min read
CoreWeave bonds saw yields rise above 15 percent on Wednesday, marking a second consecutive day of selling. The stock tumbled roughly 15.5 percent, its worst drop since February. CoreWeave CEO Michael Intrator stated investors act irrationally regarding speculative borrowing. Rising Treasury yields briefly jumped above 5.30 percent, triggering sympathy sell-offs in corporate debt.
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