CoreWeave Watch posted an update
The cost of insuring CoreWeave bonds against default reached a record intraday high on Thursday, Bloomberg reports.
Why it mattersThe same report says swaps priced in a greater than 60% chance of default within five years. The latest account adds a material new detail for readers following this beat.
Discuss: How much weight should investors give credit-market warning signs when judging an AI company’s growth plans?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.