Business & Finance
Goldman Offers Way to Trade AI Junk Bonds $250 Million at a Time
Key Points
Goldman Offers Way to Trade AI Junk Bonds $250 Million at a Time Goldman Sachs Group Inc. and JPMorgan Chase & Co. launched products this week allowing investors to quickly cut — or ramp up — exposure to tech industry debt, as concerns mount over hyperscalers’ huge future bond sales for artificial intelligence investments. Goldman announced on Thursday a product that allows investors to trade a basket of bonds from 18 equal-weighted US high-yield issuers, including CoreWeave Inc., Applied...
Goldman Offers Way to Trade AI Junk Bonds $250 Million at a Time
Goldman Sachs Group Inc. and JPMorgan Chase & Co. launched products this week allowing investors to quickly cut — or ramp up — exposure to tech industry debt, as concerns mount over hyperscalers’ huge future bond sales for artificial intelligence investments.
Goldman announced on Thursday a product that allows investors to trade a basket of bonds from 18 equal-weighted US high-yield issuers, including CoreWeave Inc., Applied Digital Corp., and Cipher Digital Inc., according to people familiar and a note from Goldman’s trading desk reviewed by Bloomberg.