From The Economic Times · · 1m 10s
US Treasury Yields Drop as AI Fears Push Safe Haven Demand
AI concerns drive US Treasury yields down ahead of 20-year bond auction.
In brief
AI concerns drive US Treasury yields down ahead of 20-year bond auction. US Treasury yields fell as AI stock worries boosted safe haven demand before a $13 billion 20-year bond auction. Originally reported by The Economic Times.
US Treasury Yields Dip
US Treasury yields slipped on Wednesday as investors weighed higher borrowing costs on AI stocks ahead of a $13 billion 20-year bond auction.
AI Stock Volatility
AI stock swings influenced bond market movements as CoreWeave shares fell amid concerns over ai infrastructure spending.
Treasury Yields Fall
The 10 year Treasury yield fell 1.5 basis points to 5.102% and the 30 year yield dropped 1.2 basis points to 5.413%.
Investor Shift to Treasuries
Bill Northey noted investors shifted from equities to treasuries as yields became competitive with equities for fixed income returns.
Fed Rate Hike Bets
Markets price in a 14.9% chance of a 25 basis point fed rate hike at the october 28 policy meeting.
Bond Auctions Ahead
The us government will auction $13 billion of 20 year bonds on wednesday and $26 billion of five year tips on thursday.
At a glance
US Treasury yields fell as AI stock worries boosted safe haven demand before a $13 billion 20-year bond auction.
