Novogratz: Credit Market at Peak Nervousness

Novogratz says credit markets are easing after AI spending anxiety peaks.

Oct 27, 2026

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Novogratz: Credit Market at Peak Nervousness

Novogratz says credit markets are easing after AI spending anxiety peaks.

In brief

Novogratz says credit markets are easing after AI spending anxiety peaks. Galaxy Digital CEO Michael Novogratz says global credit markets are reaching peak nervousness over AI spending but easing as companies raise equity. Originally reported by mint.

Novogratz on credit market

Galaxy Digital CEO Michael Novogratz says credit markets are reaching peak nervousness over AI spending.

“We have indigestion in the credit market”

Credit market anxiety

Novogratz says anxiety in global credit markets over AI spending is on the verge of easing.

“It is probably close to peak nervousness”

CoreWeave bond surge

CoreWeave Inc. junk bond yields surged signaling distress after co-founder explored borrowing in investment-grade debt markets.

Galaxy financials

Galaxy reported $323 million net income and $8.06 billion revenue for Q3, down 36% from year-ago period.

Meta and Anthropic

Meta seeks $98 billion for AI spending while Anthropic prepares IPO as signs of relief for credit markets.

Iran war impact

Potential end to Iran war may stabilize credit markets by reducing Fed pressure on interest rates.

Galaxy data centers

Galaxy data centers generated $79 million adjusted gross profit and $69 million adjusted EBITDA in Q3.

Here's the gist

Galaxy Digital CEO Michael Novogratz says global credit markets are reaching peak nervousness over AI spending but easing as companies raise equity.

Read the original on mint

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