NVDA Down 6% in Two Days: What's Happening to Nvidia's Default Insurance Costs?
Nvidia Corp.’s (NASDAQ: NVDA ) credit default swaps posted their biggest one-day jump on record Monday, a sign the debt market may be losing faith in the AI trade faster than the stock market is. The five-year swaps, which price the cost of insuring Nvidia’s debt against default, jumped roughly 14 basis points to aroun