Tensor product states (TPS), which enable decomposing the states of large-dimensional Hilbert space in terms of lower-dimensional elementary tensors, are fundamental tools to capture the quantum nature of condensed matter phenomena. Here, we show how TPS can naturally emerge in the synthetic space of operator moments of bosonic systems described by quadratic (non-)Hermitian Hamiltonians. Beyond their theoretical interest, allowing to simulate the many-body physics of nontrivial large-dimensional Hamiltonians, we show how such construction explicitly reveals the interplay between the diabolic (DPs) and exceptional points (EPs) in the quantum regime. That is, the emergent diabolic degeneracy due to the noncommutative nature of the bosonic creation and annihilation operators profoundly impacts the structure of the evolution matrices governing higherorder field moments. This results in the appearance of highly degenerate DPs and EPs, whose interplay enables the existence of hybrid DPs-EPs, which cannot be captured by a "classical" (i.e., commutative) treatment of the bosonic fields. These findings can also be utilized for constructing effective Hamiltonians with similar spectral characteristics, possessing hybrid DPs-EPs. Our results can be exploited in various quantum protocols based on EPs, and can pave a new direction of research in this field.