News
US pending home sales fall 7.3% to a record low; CoreWeave bonds slide as AI pressure reaches credit
US pending home sales fall 7.3% to a record low; CoreWeave bonds slide as AI pressure reaches credit
- Pending home sales m/m -7.3% vs -0.5% (prior +0.3%), Sep, / 14:00 GMT
- Pending home sales y/y NSA -12.6% vs -3.9% (prior revised -4.7%); index 66.0, a record low, per newswires
FO view: CoreWeave bonds sliding over 2 cents is the first sign of the AI equity slide reaching credit, something the previous alert had not yet seen.
Not investment advice.