"there are parts of the Credit Markets, currently at generational tights, that we think offer an asymmetric + convex overlay-hedge for macro or multi-asset portfolios for Risk-Off"

...there are parts of the Credit Markets, currently at generational tights, that we think offer an asymmetric + convex overlay-hedge for macro or multi-asset portfolios for…

Amazon's bond sale, initially targeting $25 billion, priced at $37 billion after massive investor demand as Big Tech races to fund AI infrastructure.