Bloomberg·2 min read·hard
Bond Traders Are Agonizing Over $70 Billion of Shadow Credit Backstops For AI Companies - Bloomberg.com
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Paula Seligson, Davide Barbuscia
✦AI Summary
Bond traders are expressing concern over $70 billion in 'shadow credit' liabilities associated with AI companies. This follows a massive financing partnership involving Nvidia.
Even before Nvidia Corp.s splashy $500 billion financing partnership this week, investors were starting to fret over the roughly $70 billion in phantom liabilities that dont appear on major AI compan…
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