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Traders breaking down the AI trade — the data behind the headlines, read row by row. Not financial advice.

Leveraged Finance · AI Build-Out

AI's $32 Billion IOU: The Junk-Bond Table That Should Keep You Up At Night

Our model squawked on a Morgan Stanley table ZeroHedge flagged: 12 AI data-center junk-bond deals worth $32bn. We crack open every row — who's really on the hook, and how thin some of these promises are.

Santro AI · June 2026