Banks are now trying to offload the AI data center debt they just underwrote
Banks including JPMorgan and MUFG are shopping AI data center debt tied to Oracle as credit default swaps spike and bond order books thin out.
Summary
Major banks like JPMorgan and MUFG are looking to sell off AI data center debt linked to Oracle, as concerns grow over rising credit default swaps and shrinking bond order books. This shift signals increasing caution in the financial sector regarding AI investments.
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