Thursday links: messing with market fairness

BondsRates are rising even more overseas. (wsj.com)How the AI boom could go wrong...for bondholders. (nytimes.com)A look at the long term history of corporate bond spreads. (ft.com)Prediction marketsKalshi wants to grow its weather business. (wsj.com)The Trump family has weighed in on the side of prediction markets companies. (nytimes.com)Kalshi has signed deals with five MLB teams. (frontofficesports.com)FinanceThe Bitcoin treasury company business model is unraveling. (ft.com)How trading cards became another way to gamble in America. (barrons.com)There's really no reason for this ETF to exist. (etf.com)NvidiaIt's hard to fathom the size and success of Nvidia ($NVDA) at this point. (tomtunguz.com)Hyperscalers are falling as as percentage of Nvidia's ($NVDA) revenue. (axios.com)Nvidia ($NVDA) is reportedly buying Hugging Face. (cnbc.com)MetaMeta ($META) settled over allegations Facebook and Instagram were designed in ways that harm children. (axios.com)This is a slap on the wrist