US Treasury yields fall sharply on AI jitters
In a significant market shift, US Treasury yields fell sharply as investors flocked to safe-haven assets following an AI-induced tech selloff. This downturn heavily impacted global equity markets, particularly the technology sector. Struggles in crowded bets on data centers and AI were exacerbated by rising interest rates, leading to the largest yield drop since August 2025 and marking levels not seen since late September.
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