CoreWeave’s shares fall as bond yields spike and credit default swap spreads widen
Summary
CoreWeave’s shares are down 36% in October as bond yields spike and the spreads on its credit default swaps widen, eroding market confidence in the AI company, according to CNBC.
Timeline
CNBC
Source ↗CNBC reports that CoreWeave’s shares are down 36% in October, and the spreads in its credit default swaps are widening as bond yields spike and its stock sinks.
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