Meta's credit risk indicator jumps to record high after results
META•The cost of insuring Meta Platforms' debt against default reached a record high on Monday as investors weighed concerns about the cost of its expanding AI build-out. Five-year credit default swaps rose 7.3 basis points to 114.5 basis points.
1. Credit swaps hit record
Five-year credit default swaps on Meta Platforms gained 7.3 basis points to a record 114.5 basis points on Monday, Markit data showed. They were set for their biggest one-day jump since at least 2025.
