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Kate Duguid
U.S. markets editor at the Financial Times, specialising in market structure and credit products, who explains investor behaviour around credit default swaps and AI-related borrowing.
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Dec 15, 2025
• 12min
Investors hunt for protection against AI debt bust
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Kate Duguid, U.S. markets editor at the Financial Times, dives into the surge of credit default swaps as investors seek protection against potential fallout from heavy AI-related borrowing. She explains how these swaps work and why investors are hedging rather than fleeing from AI stocks. Meanwhile, Michaela Tendera, an investigative journalist, sheds light on the challenges faced by UK whistleblowers, featuring compelling stories like that of George Patelis, who endured significant personal and professional repercussions after reporting misconduct.
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