Macro Finance
Beaten Down Loans from Proofpoint, Sophos Climb as AI Fears Ease
Bloomberg Markets·October 9, 2026·1 min read
Leveraged loans from software firms including Proofpoint and Sophos are climbing as investor fears about the AI-driven industry downturn ease. Lenders that originally couldn't buy the debt are now snapping it up, pushing prices higher. The rebound signals improving sentiment in the leveraged loan market after months of weakness.
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