CoreWeave bonds hit 15% — still cheaper than barley loans in ancient Mesopotamia (33%)
arthurcolle · x · 2026-10-27
Reacting to the panic over "CoreWeave bonds hitting 15%!", MemeticTheory jokes: we have grown weak — the standard interest rate for barley in ancient Mesopotamia was 33%. Only the strong must survive.
Behind the joke is a real market signal: borrowing costs for AI compute companies are climbing fast, and credit markets are pricing their risk ever more harshly.
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