[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"nav-categories":3,"article-credit-default-swaps-are-back-investors-hedge-against-an-ai-debt-bust":70},{"data":4},[5,37,57,64],{"name":6,"slug":7,"categories":8},"Productivity","productivity",[9,13,17,21,25,29,33],{"id":10,"title":11,"slug":12},17,"Branding","branding",{"id":14,"title":15,"slug":16},19,"Marketing","marketing",{"id":18,"title":19,"slug":20},20,"Work","work",{"id":22,"title":23,"slug":24},34,"Community","community",{"id":26,"title":27,"slug":28},21,"For newbies","for-newbies",{"id":30,"title":31,"slug":32},24,"Investment","investment",{"id":34,"title":35,"slug":36},22,"Finance","finance",{"name":38,"slug":39,"categories":40},"Tech","tech",[41,45,49,53],{"id":42,"title":43,"slug":44},28,"Technology","technology",{"id":46,"title":47,"slug":48},32,"Artificial Intelligence","artificial-intelligence",{"id":50,"title":51,"slug":52},26,"Security and protection","security-and-protection",{"id":54,"title":55,"slug":56},31,"YouTube Blog","youtube-blog",{"name":58,"slug":59,"categories":60},"News","news",[61],{"id":62,"title":58,"slug":63},18,"quasanews",{"name":65,"slug":66,"categories":67},"Business","business",[68],{"id":69,"title":65,"slug":66},16,{"post":71,"published_news":95,"popular_news":153,"categories":217},{"title":72,"description":73,"meta_title":72,"meta_description":74,"meta_keywords":75,"text":76,"slug":77,"created_at":78,"publish_at":79,"formatted_created_at":80,"category_id":34,"links":81,"view_type":84,"video_url":85,"views":86,"likes":87,"lang":88,"comments_count":87,"category":89},"Credit Default Swaps Are Back: Investors Hedge Against an AI Debt Bust","Most people first heard of credit default swaps (CDS) from the 2008 financial crisis—or more likely, from the film The Big Short, where Michael Burry famously bet against subprime mortgages by buying CDS on obligations he didn't even own. These derivatives act like insurance: buyers pay premiums to sellers for protection against a borrower defaulting on debt.","One market participant summed it up: \"People have shifted from thinking there’s virtually no credit risk to acknowledging that some risk does exist.\"","Oracle carries over $100 billion in debt, much of it to fund data centers heavily reliant on deals with key clients like OpenAI.","\u003Cp>Most people first heard of \u003Cstrong>credit default swaps (CDS)\u003C/strong> from the 2008 financial crisis — or more likely, from the film \u003Cstrong>The Big Short\u003C/strong>, where Michael Burry famously bet against subprime mortgages by buying CDS on obligations he didn't even own.\u003C/p>\n\n\u003Cp>\u003Cimg alt=\"\" class=\"image-align-left\" height=\"298\" src=\"https://quasa.io/storage/photos/00/image - 2025-12-17T123708.915.jpg\" width=\"200\" />These derivatives act like insurance: buyers pay premiums to sellers for protection against a borrower defaulting on debt.\u003C/p>\n\n\u003Cp>Fast-forward to late 2025, and CDS are surging again — this time as a hedge against the \u003Cstrong>AI boom turning bust\u003C/strong>. According to data from the Depository Trust & Clearing Corporation (DTCC), trading volumes in CDS tied to several major U.S. tech companies have risen \u003Cstrong>90% since early September\u003C/strong>, as investors grow wary of the massive debt fueling AI infrastructure.\u003C/p>\n\n\u003Cp>\u003Cstrong>One market participant summed it up\u003C/strong>: "People have shifted from thinking there’s virtually no credit risk to acknowledging that some risk does exist."\u003C/p>\n\n\u003Cp>\u003Ca href=\"https://quasa.io/media/oracle-s-historic-40-billion-investment-in-nvidia-chips-for-openai-s-stargate-data-center\">\u003Cstrong>Oracle\u003C/strong>\u003C/a> has become the poster child for these concerns. With a lower credit rating than hyperscaler peers (BBB+), Oracle carries over \u003Cstrong>$100 billion in debt\u003C/strong>, much of it to fund data centers heavily reliant on deals with key clients like \u003Ca href=\"https://quasa.io/media/openai-s-gpt-5-2-revolution-empowering-professionals-with-frontier-ai-intelligence\">\u003Cstrong>OpenAI\u003C/strong>\u003C/a>.\u003C/p>\n\n\u003Cp>\u003Cimg alt=\"\" class=\"image-align-right\" height=\"447\" src=\"https://quasa.io/storage/photos/00/image - 2025-12-17T123707.924.jpg\" width=\"300\" />Following disappointing quarterly earnings and delays in data center projects (pushed to 2028 due to labor and material shortages), Oracle's five-year CDS spreads spiked to around \u003Cstrong>126-151 basis points \u003C/strong>— the highest since the 2009 crisis era, per S&P Global and ICE Data Services. For context, that's far above \u003Ca href=\"https://quasa.io/media/the-cyberpunk-chronicles-of-nvidia-gpus-superchips-sanctions-and-shadowy-smuggling-in-the-ai-race\">Nvidia\u003C/a> (~37 bps) or \u003Ca href=\"https://quasa.io/media/meta-s-metaverse-meltdown-a-cascade-of-tiny-errors-that-doomed-a-70-billion-dream\">Meta\u003C/a> (~50 bps).\u003C/p>\n\n\u003Cp>Oracle-specific CDS trading exploded too: DTCC reports an average daily notional of \u003Cstrong>$75 million\u003C/strong> in Q3 2025, up \u003Cstrong>650%\u003C/strong> year-over-year, landing it in the top 20 most-traded corporate names.\u003C/p>\n\n\u003Cp>Broader tech borrowing fuels the fire — Meta, \u003Ca href=\"https://quasa.io/media/amazon-quietly-launches-its-starlink-killer-meet-amazon-leo\">Amazon\u003C/a>, Alphabet, and Oracle raised \u003Cstrong>$88 billion\u003C/strong> in bonds this autumn alone, with \u003Ca href=\"https://quasa.io/media/jpmorgan-s-crypto-crackdown-debanking-execs-while-betting-big-on-bitcoin-s-boom\">JPMorgan\u003C/a> forecasting up to \u003Cstrong>$1.5 trillion\u003C/strong> in investment-grade issuance by 2030 for AI projects.\u003C/p>\n\n\u003Cp>This reflects a "clip-thinking" mentality infiltrating finance: trillions pledged over five years spark euphoria, but short-term delays or misses trigger immediate panic. Investors aren't betting on imminent defaults — they're protecting portfolios from delayed AI payoffs amid high leverage and capex.\u003C/p>\n\n\u003Cp>As one credit strategist noted, the market is pricing in risks that equity optimists might overlook. If returns lag further, expect more hedging — and wider spreads. The AI hype train is still rolling, but credit markets are applying the brakes.\u003C/p>\n\n\u003Cp>\u003Cstrong>\u003Cimg alt=\"\" class=\"image-align-left\" height=\"169\" src=\"https://quasa.io/storage/photos/00/image - 2025-12-17T123649.963.jpg\" width=\"300\" />Also read:\u003C/strong>\u003C/p>\n\n\u003Cul>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/instagram-reels-hits-the-big-screen-meta-launches-instagram-for-tv-on-amazon-fire-tv\">Instagram Reels Hits the Big Screen: Meta Launches 'Instagram for TV' on Amazon Fire TV\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"http://YouTube's 2025 Culture & Trends Report: Creators Go Global, IRL, and Unfiltered\">Golden Globes 2026: 'One Battle After Another' Dominates Noms as Podcasts Make Historic Debut\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/seo-s-vhs-moment-the-slow-extinction-of-traditional-optimization-in-the-ai-search-era\">SEO's VHS Moment: The Slow Extinction of Traditional Optimization in the AI Search Era\u003C/a>\u003C/li>\n\t\u003Cli>\u003Ca href=\"https://quasa.io/media/reviving-old-photos-with-one-click-the-power-of-lupa-ai-upscaler\">Reviving Old Photos with One Click: The Power of Lupa AI Upscaler\u003C/a>\u003C/li>\n\u003C/ul>\n\n\u003Cp>Author: \u003Ca href=\"https://www.linkedin.com/in/slava-vasipenok/\">Slava Vasipenok\u003C/a>\u003Cbr />\nFounder and CEO of QUASA (quasa.io) - Daily insights on Web3, AI, Crypto, and Freelance. Stay updated on finance, technology trends, and creator tools - with sources and real value.\u003C/p>\n\n\u003Cp>Innovative entrepreneur with over 20 years of experience in IT, fintech, and blockchain. Specializes in decentralized solutions for freelancing, helping to overcome the barriers of traditional finance, especially in developing regions.\u003C/p>","credit-default-swaps-are-back-investors-hedge-against-an-ai-debt-bust","2025-12-17T11:39:45.000000Z","2025-12-25T06:31:00.000000Z","25.12.2025",{"image":82,"thumb":83},"https://quasa.io/storage/images/news/30HGW3DC8QWQt3uaZdyS3LYsKSwdiQE0JVG0d0ex.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/30HGW3DC8QWQt3uaZdyS3LYsKSwdiQE0JVG0d0ex.jpg","small",null,821,0,"en",{"id":34,"title":35,"slug":36,"meta_title":90,"meta_description":91,"meta_keywords":92,"deleted_at":85,"created_at":93,"updated_at":94,"lang":88},"Quasa Media's Growth Hacking Finance Blog","Trends in financial literacy. Savings and investment options.","Finance, invest, money, rich, financial plan","2021-10-27T19:57:04.000000Z","2024-08-25T15:36:23.000000Z",[96,109,120,131,142],{"title":97,"description":98,"slug":99,"created_at":100,"publish_at":100,"formatted_created_at":101,"category":102,"links":103,"view_type":106,"video_url":85,"views":107,"likes":87,"lang":88,"comments_count":87,"is_pinned":108},"Jaxx Liberty for Cross-Device Crypto Management","A practical article about Jaxx Liberty as a cross-platform blockchain wallet with portfolio tools, exchange access, and block explorer features for daily crypto management.","jaxx-liberty-for-cross-device-crypto-management","2026-04-08T12:21:43.000000Z","08.04.2026",{"title":35,"slug":36},{"image":104,"thumb":105},"https://quasa.io/storage/images/news/2BoYmDUS7F9wHE0dwpD2KUpX702LkL1Spp2KC5Vm.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/2BoYmDUS7F9wHE0dwpD2KUpX702LkL1Spp2KC5Vm.jpg","large",683,false,{"title":110,"description":111,"slug":112,"created_at":113,"publish_at":114,"formatted_created_at":101,"category":115,"links":116,"view_type":84,"video_url":85,"views":119,"likes":87,"lang":88,"comments_count":87,"is_pinned":108},"Nvidia CEO Jensen Huang Proposes Paying Engineers with AI Tokens","Nvidia CEO Jensen Huang has put forward a radical new idea for compensating tech talent: paying engineers part of their salary in AI tokens.","nvidia-ceo-jensen-huang-proposes-paying-engineers-with-ai-tokens","2026-03-25T19:56:16.000000Z","2026-04-08T11:48:00.000000Z",{"title":19,"slug":20},{"image":117,"thumb":118},"https://quasa.io/storage/images/news/KL5Yqt5ZzW3R4cu7XmE15grrRHdKZ1WBoKbC6Zu3.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/KL5Yqt5ZzW3R4cu7XmE15grrRHdKZ1WBoKbC6Zu3.jpg",740,{"title":121,"description":122,"slug":123,"created_at":124,"publish_at":125,"formatted_created_at":101,"category":126,"links":127,"view_type":84,"video_url":85,"views":130,"likes":87,"lang":88,"comments_count":87,"is_pinned":108},"The AI Scientist Hits Nature: Scaling Scientific Discovery Like Code","The dream of a fully autonomous laboratory has moved from the realm of \"experimental demo\" to a validated scientific reality. The AI Scientist, a pioneering system designed to automate the entire lifecycle of research, has officially been published in Nature.","the-ai-scientist-hits-nature-scaling-scientific-discovery-like-code","2026-03-25T19:23:02.000000Z","2026-04-08T09:15:00.000000Z",{"title":47,"slug":48},{"image":128,"thumb":129},"https://quasa.io/storage/images/news/QZJ74ZuxTmCA52qWq4HZkP2WikrOYpg6WBusDdyn.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/QZJ74ZuxTmCA52qWq4HZkP2WikrOYpg6WBusDdyn.jpg",816,{"title":132,"description":133,"slug":134,"created_at":135,"publish_at":136,"formatted_created_at":101,"category":137,"links":138,"view_type":84,"video_url":85,"views":141,"likes":87,"lang":88,"comments_count":87,"is_pinned":108},"Nostalgia Is Still King: Retro Video Rental Store Simulator Is a Massive Hit on Steam","In the age of instant streaming, it turns out a surprising number of people — including many who were born after Blockbuster went bankrupt — are craving the simple joy of renting physical movies.","nostalgia-is-still-king-retro-video-rental-store-simulator-is-a-massive-hit-on-steam","2026-03-25T18:41:36.000000Z","2026-04-08T06:35:00.000000Z",{"title":43,"slug":44},{"image":139,"thumb":140},"https://quasa.io/storage/images/news/VvOooYMc2244q5hTV6Or5OMgr8schTPlzU8b4HXY.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/VvOooYMc2244q5hTV6Or5OMgr8schTPlzU8b4HXY.jpg",819,{"title":143,"description":144,"slug":145,"created_at":146,"publish_at":147,"formatted_created_at":101,"category":148,"links":149,"view_type":84,"video_url":85,"views":152,"likes":87,"lang":88,"comments_count":87,"is_pinned":108},"Hollywood Is Shrinking — And the Real Villain Isn’t Strikes or Wildfires, It’s the Government","American film and television production is in serious decline, and last week a surprisingly candid hearing in Burbank made one thing crystal clear: the biggest problem isn’t greedy studios, lazy writers, or California wildfires.","hollywood-is-shrinking-and-the-real-villain-isn-t-strikes-or-wildfires-it-s-the-government","2026-03-25T18:29:29.000000Z","2026-04-08T03:21:00.000000Z",{"title":65,"slug":66},{"image":150,"thumb":151},"https://quasa.io/storage/images/news/RZriu0EWvrhbleBD7g7RJnhk1QyPm4DDZeesC0bC.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/RZriu0EWvrhbleBD7g7RJnhk1QyPm4DDZeesC0bC.jpg",894,[154,167,180,192,205],{"title":155,"description":156,"slug":157,"created_at":158,"publish_at":159,"formatted_created_at":160,"category":161,"links":162,"view_type":84,"video_url":85,"views":165,"likes":166,"lang":88,"comments_count":87,"is_pinned":108},"The Anatomy of an Entrepreneur","Entrepreneur is a French word that means an enterpriser. Enterprisers are people who undertake a business or enterprise with the chance of earning profits or suffering from loss.","the-anatomy-of-an-entrepreneur","2021-08-04T15:18:21.000000Z","2025-12-14T06:09:00.000000Z","14.12.2025",{"title":65,"slug":66},{"image":163,"thumb":164},"https://quasa.io/storage/images/news/mVsXPTMuHZuI7UXCsENgL1Qwp1uSOf7Rz3uVPMfm.webp","https://api.quasa.io/thumbs/news-thumb/images/news/mVsXPTMuHZuI7UXCsENgL1Qwp1uSOf7Rz3uVPMfm.webp",67793,2,{"title":168,"description":169,"slug":170,"created_at":171,"publish_at":172,"formatted_created_at":173,"category":174,"links":175,"view_type":106,"video_url":85,"views":178,"likes":179,"lang":88,"comments_count":87,"is_pinned":108},"Advertising on QUASA","QUASA MEDIA is read by more than 400 thousand people a month. We offer to place your article, add a link or order the writing of an article for publication.","advertising-on-quasa","2022-07-06T07:33:02.000000Z","2025-12-15T17:33:02.000000Z","15.12.2025",{"title":58,"slug":63},{"image":176,"thumb":177},"https://quasa.io/storage/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/45SvmdsTQbiyc3nxgbyHY1mpVbisYyub2BCHjqBL.jpg",67153,4,{"title":181,"description":182,"slug":183,"created_at":184,"publish_at":185,"formatted_created_at":186,"category":187,"links":188,"view_type":84,"video_url":85,"views":191,"likes":179,"lang":88,"comments_count":87,"is_pinned":108},"What is a Startup?","A startup is not a new company, not a tech company, nor a new tech company. You can be a new tech company, if your goal is not to grow high and fast; then, you are not a startup. ","what-is-a-startup","2021-08-04T12:05:17.000000Z","2025-12-17T13:02:00.000000Z","17.12.2025",{"title":65,"slug":66},{"image":189,"thumb":190},"https://quasa.io/storage/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp","https://api.quasa.io/thumbs/news-thumb/images/news/EOsQhSW3VXyG7a6NPdE1oZd00xfJXe3bjY5aJGb7.webp",65470,{"title":193,"description":194,"slug":195,"created_at":196,"publish_at":197,"formatted_created_at":198,"category":199,"links":200,"view_type":84,"video_url":85,"views":203,"likes":166,"lang":88,"comments_count":204,"is_pinned":108},"Top 5 Tips to Make More Money as a Content Creator","Content creators are one of the most desired job titles right now. Who wouldn’t want to earn a living online?","top-5-tips-to-make-more-money-as-a-content-creator","2022-01-17T17:31:51.000000Z","2026-01-17T11:30:00.000000Z","17.01.2026",{"title":19,"slug":20},{"image":201,"thumb":202},"https://quasa.io/storage/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/gP8kiumBPpJmQv6SMieXiX1tDetx43VwFfO1P4Ca.jpg",39953,1,{"title":206,"description":207,"slug":208,"created_at":209,"publish_at":210,"formatted_created_at":211,"category":212,"links":213,"view_type":106,"video_url":85,"views":216,"likes":166,"lang":88,"comments_count":87,"is_pinned":108},"8 Logo Design Tips for Small Businesses","Your logo tells the story of your business and the values you stand for.","8-logo-design-tips-for-small-businesses","2021-12-04T21:59:52.000000Z","2025-05-05T03:30:00.000000Z","05.05.2025",{"title":15,"slug":16},{"image":214,"thumb":215},"https://quasa.io/storage/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg","https://api.quasa.io/thumbs/news-thumb/images/news/Wbx2NtS1CnTupgoQbpFMGspJ5jm4uob2hDOq33r0.jpg",39378,[218,219,220,221,222,223,224,225,226,227,228,229,230],{"title":23,"slug":24},{"title":47,"slug":48},{"title":55,"slug":56},{"title":43,"slug":44},{"title":51,"slug":52},{"title":31,"slug":32},{"title":35,"slug":36},{"title":27,"slug":28},{"title":19,"slug":20},{"title":15,"slug":16},{"title":58,"slug":63},{"title":11,"slug":12},{"title":65,"slug":66}]