The AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16%

CoreWeave bond yield tops 16% as AI credit stress spreads

CoreWeave's credit default swaps spiked above 1,289 basis points on Thursday, higher than their October peak

STOCK MARKET: CoreWeave bond yield tops 16% as AI credit stress rises

Jonathan Raa | Nurphoto | Getty Images Debt markets are sending a message to AI data center builders: we’re hiking the interest rate on your credit card and may put some new curbs on your credit limit. That analogy comes courtesy of Jefferies global head of equity strategy, Christopher Wood, who put it in a note on Friday: “The most plausible way the AI capex arms race will end is that the credit card will be taken away.” That isn’t […] Source

The AI ‘credit card’ is getting costlier as CoreWeave bond yield tops 16%

Coreweave's steep yields reflect stress in the AI debt markets as investors worry about a data center slowdown. What comes next.