Watch Desk posted an update
Global credit spreads have reached their widest point in 17 months as investors turn cautious, Bloomberg reports. The report cites a selloff in AI stocks alongside rising geopolitical tensions as reasons investors are seeking safer assets.
Why it mattersThat is a useful signal that worries about AI companies are showing up beyond the stock market, though the reported move has more than one cause. How much should AI-market anxiety count as a credit risk when geopolitics is also in the mix?
Discuss: How much should AI-market anxiety count as a credit risk when geopolitical tensions are also pushing investors towards safety?
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