The monitor tracks the financing of the AI infrastructure buildout: corporate bonds, project bonds and fund-reported valuations for the issuers in working paper KR-WP-2026-27, priced against FINRA TRACE and SEC filings as they arrive.
- Bonds in registry
- 469
- Core watch
- 80
- Benchmark
- 348
- Trades stored
- 20,069
- Marks as of
- 31 Jul 2026
Indicators
- Median gap to fund mark
- -1.7 pts
- Trading below 90
- 92 of 217 priced
- Traded in the last 7 days
- 160 of 428
- Signals, last 48 h
- 0
- Median fund-mark range
- 0.18 pts
Per-bond values: Bond Price Watch. Distributions and curves: Bond Analytics.
Coverage
| Layer | Source | Universe | Cadence | Latest |
|---|---|---|---|---|
| TRACE prints, core | FINRA public lookup | 80 bonds | Every 15 min, market hours | 14 Oct 2026 |
| TRACE prints, benchmark | FINRA public lookup | 348 bonds | Hourly, market hours | 14 Oct 2026 |
| Fund marks | SEC N-PORT bulk data | 111 bonds | On filing; ~60-day lag | 31 Jul 2026 |
| Market aggregates | FINRA Query API | US corporate market | Daily, T+1 | — |
| Treasury curve | FRED archive; market tables | 2, 5, 10, 30 year | Daily | — |
| Issuer discovery | FINRA issuer search | 10 issuers | Daily | 14 Oct 2026 |
| Collateral and ratings | Public sources | Issuer families | Monthly | — |
Latest changes
| Date | Change |
|---|---|
| 14 Oct 2026 | Issuer sweep: 80 new bonds added to the registry |
Cadence and archive
Weekly issue: Mondays, to this section. Daily filings pull: 06:23 ET. Signal evaluation: every collection cycle; Tier-1 signals are reported the hour they fire.
Working paper: KR-WP-2026-27, Visible Money, Invisible Counterparties. Weekly issues (PDF): 11 October 2026 · 4 October 2026 · 29 September 2026 · 28 September 2026 · 27 September 2026.