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CoreWeave’s shares fall as bond yields spike and credit default swap spreads widen

By ChordNews · First written (updated )

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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.

This continues an earlier story: Investors seek more protection against AI company defaults

Timeline

  1. 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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