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ivana delevska, founder / CIO at SPEAR Invest, notes that credit default swaps (CDS) are currently lagging equities, which she sees as a reversal from typical market patterns.
She suggests that this dynamic may be explained by the fact that large-cap companies, or megacaps, are considered slightly worse credits compared to the last market cycle.
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Earlier, ivana delevska highlighted that the Morgan Stanley Tech Momentum Index suffered a record 35.9% drop. She also commented on Anthropic’s confidential IPO filing and noted the limited public data available to investors. These observations come as market participants watch for further shifts in credit and equity signals.