Credit Derivatives on Meta Start Trading After Big Bond Sales

Derivatives allowing investors to bet against Meta Platforms Inc.’s bonds began actively trading for the first time this week, as money managers and banks look to hedge their exposure to...

By Caleb Mutua · Bloomberg Markets

Derivatives allowing investors to bet against Meta Platforms Inc.’s bonds began actively trading for the first time this week, as money managers and banks look to hedge their exposure to an industry that has been piling on debt to pay for artificial intelligence investments.