AI NewsWaveU.S. 10-year Treasury yield falls below 5% on AI profitability worries and Middle East tension
Key points
- U.S. 10-year yield below 5% for the first time in about a month
- Tech selloff spreads on doubts about AI investment returns
- Safe-haven demand combines with Middle East tension
The U.S. 10-year Treasury yield fell below 5% for the first time in about a month. EBN explained that funds flowed into U.S. Treasuries, a safe-haven asset, as a tech stock selloff spread over concerns about the profitability of AI investment and geopolitical tension in the Middle East rose.
Kukmin Ilbo also reported that doubts about the profitability of AI investment combined with military tension in the Middle East are sending global investors' funds toward U.S. Treasuries.