CoreWeave Shares Fall 16% as Bond Yields Near 15%

CoreWeave shares fell 16% on Oct. 14 as concern grew over technology companies’ borrowing for artificial intelligence infrastructure, while yields on two of the company’s bonds neared 15%. Investors are demanding more compensation for risk as sentiment shifts around AI-related debt. The yield to maturity on CoreWeave’s 9.625% bond due in 2032 reached 14.8%. Its 9.75% bond due in 2031 yielded about 14.9%. Bond yields move in the opposite direction from prices. Other technology stocks also fell. Oracle shares dropped nearly 7%, and the yield on its 6.25% bond due in November 2032 reached 7.24%.

Also reported by Crypto Briefing.

Source: TokenPost