Apollo economist: 60 bps rise in hyperscaler CDS signals credit stress
- —CDS spreads on hyperscaler debt have widened by about 60 bps
- —Slok attributes the move to worsening credit fundamentals, not dealer hedging
- —Apollo's warning covers risks to the market and bitcoin
Why it matters: Rising credit risk among the largest technology borrowers could add pressure on risk assets, including bitcoin.
Source: Coinotag