[Oracle Credit Default Swaps Surge to Historic Highs, Sparking Investor Concerns] BlockBeats News, July 24: Oracle Corporation's 5-year credit default swaps (CDS) have surged to a record high of approximately 203 basis points. This means the company would need to pay an annual cost of about $203,000 to purchase default protection for every $10 million of debt. Oracle's CDS have more than quadrupled since mid-2025, even surpassing the peak levels seen during the 2008 financial crisis. On the other hand, the company's borrowing costs are also rising. The spread on its 6.7% bonds maturing in 2056 widened by +8 basis points on Monday to 263 basis points, while the spread on its 5.7% bonds maturing in 2036 widened by +9 basis points to 205 basis points. Meanwhile, S&P Global Ratings downgraded Oracle to BBB- on July 9, just one notch above junk status, citing the company's rapidly increasing AI-related expenditures. Oracle's credit risk has now reached crisis levels. [Original Link]