Investor Frenzy for AI Strips Safeguards From Convertible Bonds
Convertible bond investors chasing exposure to the artificial intelligence boom are giving up some of the protection they would normally demand, pushing the market toward levels of risk-taking last seen...
By Selina Chen and Ronan Martin · Bloomberg Markets
Convertible bond investors chasing exposure to the artificial intelligence boom are giving up some of the protection they would normally demand, pushing the market toward levels of risk-taking last seen during the pandemic.