The bond market has been getting a bit nervous about companies with a lot of AI capex ahead. Chart via BofA.
Discussion
get the printers ready
👀
for those that need things simplified like me:
lenders are getting worried that big ai-spending companies might not afford all the growth. the price to insure their debt is jumping, which signals higher risk and makes borrowing more expensive for them.
Who are those included in “them” here?
AI is way overhyped! 😅
