AI VALUATION CONCERNS INCREASING THE COST OF CREDIT DEFAULT SECURITY IN EUROPE

On 17 July, the cost of credit defaults denominated in euros increased as the market ' s concerns about the possible overvaluation of artificially intelligent enterprises increased and investor risk preferences decreased. Investors have questioned how long the growth in artificial smart plates will last, and have thus been selling technology units and reducing preferences for risk assets. Standard global market intelligence data show that the iTrackx Europe Crossover credit default index, which measures high yield credit risk in the euro area, increases by two basis points to 253. Kim Xian