Bond investors starting to doubt long-term prospects of some AI hyperscalers: BondCliQ's Chris White

Sell off of material size. And we talked about breadth, how many other stocks in the s&p 500 trade so poorly down 10 or 20%. These guys could get back to doing it too. — All right. Let's get more on the ai debt concerns. Brian. Chris White, the ceo of chris, great to see you. Although we always call you in on a on a pretty terrible day in terms of the tape, how bad is the situation? Do you think chris.

Actually, I was thinking about that. I'm a bear market indicator every time I'm on cnbc that the the bond market seems to be falling out of bed. Look, I think the difference the major difference between the stock market and the bond market is just that the bond market reacts over weeks and months, as opposed to the day to day reaction that you get in the stock market.

I think the numbers are pretty clear when you look at coral reef, when you look at oracle, and when you look at the other ai hyperscalers that bond investors have been starting to doubt some of the stories regarding the long term prospects of a lot of these ai hyperscalers. That's not to say that it's a complete like that. There's now major default risk, but it is to say that I think investors are going to be demanding a lot more yield for taking on the risk.

You've got some pretty big unknown risks, one of them being political risk. A lot of these companies are relying on real heavy assets to run their businesses in the form of, you know, these hyperscaler debt facilities. It's not clear to us whether or not people are going to be okay with having those in their backyard.