The bond market (US10Y), (US30Y), (US2Y) has taken control of the current market narrative, creating ripple effects across non-investment-grade technology companies and neo-cloud providers, according to Tyler Radke, Citi’s co-head of U.S. software research.
In an interview with CNBC, Radke pointed To ensure this doesnât happen in the future, please enable Javascript and cookies in your browser
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Entering text into the input field will update the search result below Quick Insights Rising Treasury yields have increased financing costs and driven volatility for weaker-credit tech firms, putting scrutiny on their capital structures and causing market uncertainty.
No, demand remains exceptionally strong, with GPU rental rates setting records and AI labs demonstrating robust business activity despite financing concerns. Software firms have stronger free cash flow, higher margins, and less sensitivity to financing and depreciation risks compared to capital-intensive hardware and cloud peers