GoKawiilCoreWeave's 2032 bond yield surges past 16% amid AI credit jitters
Yields on CoreWeave's 2032 bond with a 9.625% coupon have risen above 16%, while its five-year credit default swaps briefly spiked above 1,289 basis points Thursday before easing to around 1,155 Friday, according to Deutsche Bank. Credit default swaps on Nvidia, Broadcom and Amazon debt have also jumped sharply over the past month, even though their absolute spreads remain far lower than CoreWeave's.