Anthropic's credit rating landed at the top of junk in June

Per the Financial Times, Anthropic was assigned the highest junk credit rating in June. In plain words, that's the top rung of speculative grade, one step below investment grade. The open part of the FT article names neither the rating agency nor the exact grade.
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Context-tax prices what Claude Code sends before you type
Measured on one real machine: a single built-in Claude Code tool weighed 11,402 tokens of a 47,700-token first request. The context-tax CLI reads your transcripts to price yours. Is your Claude Code context trimmed by hand right now or left at defaults?
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