CoreWeave: Unsecured Notes Yield 15% in HY Market
André Dragosch reported that CoreWeave’s unsecured notes reached 1,000bps spread-to-worst and now yield roughly 15 percent, prompting debate over AI infrastructure pricing.
SourceAnalysis
CoreWeave unsecured notes hit 1,000bps STW and now yield about 15 percent, according to a post shared by André Dragosch on 13 October 2026. The AI cloud operator, which runs 51 data centers, faces fresh scrutiny from high-yield investors questioning whether the spread reflects mispricing or deeper risks in the current build-out cycle.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.