zerohedge(@zerohedge):GS mid-day wrap: While equities have been resilient amidst higher rates, we are starting to see some cracks in the credit space. Hyperscaler CDS is most impacted and trading 2-4bps wider, underperforming unch’d QQQs. Names in this space have been very active on the issuance front as yields trend higher and we expect this issuance to continue in the coming weeks, driving the wider spreads.

2026.09.25 19:17

GS mid-day wrap: While equities have been resilient amidst higher rates, we are starting to see some cracks in the credit space. Hyperscaler CDS is most impacted and trading 2-4bps wider, underperforming unch’d QQQs. Names in this space have been very active on the issuance front as yields trend higher and we expect this issuance to continue in the coming weeks, driving the wider spreads.