CoreWeave Bond Yield Reaches 15.7% as French Borrowing Costs Rise

A jump in CoreWeave’s borrowing costs and a widening French-German bond spread show how high rates are raising financing expenses for AI infrastructure and governments. CoreWeave’s 9.75% bonds due in 2031 briefly yielded 15.7%, after reaching a low of 8.89% in May. Their spread over U.S. Treasurys widened from 472 basis points to a peak of 1,071, then eased to about 986. The five-year credit default swap spread closed at a record 1,117 basis points, implying a 63% probability of default within five years. The figures add to concerns about CoreWeave’s financing plans .

Source: TokenPost