Investors are worried about Big Tech's debt.
Oracle's, $ORCL, 5-year credit default swap (CDS) has surged +70 basis points year-to-date, to a record ~215 basis points, the largest increase among Big Tech companies.
This is followed by Broadcom, $AVGO, whose 5-year CDS has risen
Oracle's, $ORCL, 5-year credit default swap (CDS) has surged +70 basis points year-to-date, to a record ~215 basis points, the largest increase among Big Tech companies.
This is followed by Broadcom, $AVGO, whose 5-year CDS has risen