Cost of insuring against US tech company defaults hits record highs, CoreWeave most exposed

The cost of insuring against defaults by major US tech companies has reached record highs as investors worry about AI spending, rising debt and higher interest rates. CoreWeave is under the most pressure, with markets pricing 60% odds of default as its high-yield bonds extended declines on plans to ramp up borrowing.

Detected & updated continuously · Source: Nebula