US Leveraged Loans Lose the Most Since 2022 on AI-Driven Fears

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The AI Race:A basket of outstanding US corporate loans suffered its steepest monthly decline in more than three years as fears of artificial-intelligence disruption deepened, sparking a selloff. The average price for loans tracked by the Bloomberg US Leveraged Loan Index fell 1.34% in February, led by a slump in software and services.