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YahooAugust 15, 2026 at 3:00 PM NY19 days ago

Bond Traders Are Agonizing Over $70 Billion of Shadow Credit Backstops For AI Companies

Even before Nvidia Corp.’s splashy $500 billion financing partnership this week, investors were starting to fret over the roughly $70 billion in phantom liabilities that don’t appear on major AI companies’ balance sheets, but could materialize at the worst possible time.

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