AIAxios Tech1 day ago
Bond Investors Sell CoreWeave Debt
3 min read
Bond investors sold CoreWeave debt as credit default swaps jumped to nearly 1,100 basis points on Thursday. This marks a distress signal for the neocloud sector, with yields rising to record highs after Elon Musk and venture capitalist Chamath Palihapitiya expressed concern about the company's financial stability.
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