Dollar Falls as AI Investment Concerns Weigh on Markets
The dollar falls alongside Treasury yields amid concerns about debt-funded AI investment sustainability. The body is truncated during an attributed assessment of expected U.S. spending.
The dollar and Treasury yields decline as concerns grow over the sustainability of debt-funded AI investment. One estimate puts U.S. capital expenditure and AI infrastructure spending at 2.5%-3% of GDP over the next three years, exceeding any previous U.S. infrastructure buildout.