I'm not a macroeconomics expert, but this caught my attention:
"Meanwhile, the sell-off in tech shares appeared to increase demand for U.S. Treasuries, which briefly sent yields on government bonds lower."
Buried in a story about tech stocks tanking. If they're selling AI stocks, they're probably going to put that cash somewhere, and bonds seems like where a significant amount of it is going.
https://www.nbcnews.com/business/markets/tech-stocks-nasdaq-ai-boom-fears-deepen-rcna606512
"Meanwhile, the sell-off in tech shares appeared to increase demand for U.S. Treasuries, which briefly sent yields on government bonds lower."
Buried in a story about tech stocks tanking. If they're selling AI stocks, they're probably going to put that cash somewhere, and bonds seems like where a significant amount of it is going.
https://www.nbcnews.com/business/markets/tech-stocks-nasdaq-ai-boom-fears-deepen-rcna606512
3❤️2