CoreWeave Bond Yield Reaches 15% as AI Credit Stress Spreads to Crypto
Photo: TokenPost
Credit pressure in artificial intelligence infrastructure is spreading into crypto, with Bitcoin (BTC) still tracking falling equities instead of showing independent price discovery. CoreWeave’s bond yield to maturity reached 15%, raising concerns about financing costs and profitability across the neocloud sector. Tesla’s lower outlook for future capital spending added to concerns about returns on technology companies’ AI investments. Separately, expectations for an October Federal Reserve rate increase were near zero, while confidence in a December rate cut weakened. Investors moved into U.S. Treasurys as demand for safer assets increased, pushing long-term yields lower.
Source: TokenPost
