According to @KobeissiLetter, 14.5% of US technology sector loans are now distressed, the highest share since the 2022 bear market. According to @KobeissiLetter, the tech bond distressed ratio has reached 9.5%, the highest since Q4 2023. According to @KobeissiLetter, these readings indicate rising stress across tech loans and bonds, highlighting elevated credit risk in the sector.

According to @KobeissiLetter, US investment grade corporate bond issuance rose 12 percent year over year in January to USD 208.4 billion, the highest January on record, with only March, April, and May 2020 and March 2022 seeing higher monthly volumes (source: @KobeissiLetter).

According to @StockMKTNewz, citing Bloomberg, US investment-grade corporate bond issuance has surpassed $200 billion, setting a new January record and marking only the sixth month ever above that threshold. Bloomberg’s tally, shared by @StockMKTNewz, underscores an exceptionally strong primary calendar that frames trading decisions in US investment-grade credit and related ETFs such as LQD.

According to Lex Sokolin, traders are buying credit default swap protection on Oracle, and the cost of that default insurance jumped rapidly, indicating a sharp widening of Oracle’s credit spreads (source: Lex Sokolin). According to Lex Sokolin, credit spreads are acting as a real-time seismograph of AI risk, making spread moves a direct gauge for AI-related risk across markets (source: Lex Sokolin). According to Lex Sokolin, this places Oracle’s CDS as a tradable risk signal that cross-asset participants, including crypto traders, can monitor when AI risk is in focus (source: Lex Sokolin).

According to @StockMKTNewz, former President Donald Trump purchased at least $82 million in corporate and municipal bonds between late August and early October, highlighting sizable allocation into U.S. fixed income markets; source: Reuters via @StockMKTNewz. The report specifies the instruments as corporate and municipal bonds and quantifies the purchases at a minimum of $82 million during that period, providing concrete data points for credit-market tracking; source: Reuters via @StockMKTNewz.

According to @business, Meta found record-shattering demand for its bond sale on Thursday even as its shares plunged, indicating bond investors are looking past concerns about its artificial-intelligence spending plans (source: @business). The source did not mention any direct impact on cryptocurrency markets or specific tokens (source: @business).

According to @KobeissiLetter, AI-related issuers now comprise a record 14% of the Investment Grade Corporate Bond Index, up 2.5 percentage points since 2020, based on JPMorgan data, source: @KobeissiLetter citing JPMorgan. This AI sector weight now surpasses the banking sector’s roughly 11.5% share that historically led the index, highlighting a leadership change within investment-grade credit, source: @KobeissiLetter citing JPMorgan. AI universe debt has grown by about 400 billion dollars to an all-time high of 1.2 trillion dollars over this period, underscoring elevated issuance and index concentration in AI-linked corporates, source: @KobeissiLetter citing JPMorgan. For traders, the source notes AI is reshaping capital markets, implying IG credit performance and benchmark flows are increasingly tied to AI balance sheets, a cross-asset theme crypto market participants may monitor for sentiment spillovers, source: @KobeissiLetter citing JPMorgan.

According to The Kobeissi Letter, the yield spread between Microsoft's 30-year bond and the US 30-year Treasury has narrowed to just 20 basis points, marking the lowest differential on record. This spread has decreased by 100 basis points since 2020, reflecting investor confidence in Microsoft's creditworthiness (source: The Kobeissi Letter, May 28, 2025). For traders, this historically tight spread signals a shift in risk perception that may drive more institutional capital into high-grade corporate bonds, potentially reducing liquidity in riskier assets like cryptocurrencies. As traditional safe-haven yields converge, market participants may reconsider portfolio allocations, impacting flows into Bitcoin and other digital assets.