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From the @FT: "Prices of bonds issued to fund prominent data centres where Meta, Nvidia, Oracle and others will become tenants — such as “Hyperion” and “Project Excalibur” — have fallen well below par in recent weeks. Investors are also dumping debt issued by so-called neocloud companies — of which the best known is Nvidia-backed CoreWeave — which have been the most aggressive in how they finance their AI build-out." #economy #markets #bonds #DataCentres