Why markets worry CoreWeave may not repay

Markets priced a nearly 63% chance CoreWeave fails to repay in five years, Reuters reported Oct. 15. Its IOU paying 9.75% due in 2031 now offers 15.78% yearly return, per CNBC, because buyers see high risk. Insuring $10,000 costs about $1,000 a year, or 1,000 basis points, per Reuters. I read that as priced fear, not a prediction.