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Monday, September 21, 2026The Morning Brief →Sign in
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Leopold Aschenbrenner

In PWD coverage since September 21, 2026 · 1 story
PWD coverage
portfolio

The corporate-bond case is a supply call, and SoftBank is the test

Investment-grade credit can hold on healthy balance sheets, but the AI-financed high-yield supply arriving beside it is where the underwriting actually happens.
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