CoreWeave's Bond Yields Surge Amid Lenders' Nervousness

• CoreWeave, a cloud company renting AI chips made by Nvidia, sold $1.25 billion in unsecured notes in June 2020.
• The yield on these notes reached nearly 15% on October 13, 2020, before settling at around 14.5%.
• Lenders are reportedly becoming nervous due to the rising yields on CoreWeave's notes.
• Despite CoreWeave's financial situation, some analysts recommend buying Nvidia stock.
• The notes, due in 2032, were sold at face value with a 9.625% coupon.