Analyzes technology sector bond performance and hyperscaler debt issuance trends for Bloomberg.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
Tech bond underperformance predates Moonshot; 79% of sector bonds issued since early 2025 trade at wider spreads vs issue, prices below par across all metrics; investors avoiding because unlike equities, bonds have capped upside (face value) but significant downside if AI winter hits.