Dollar Falls as Debt-Funded AI Concerns Persist
The dollar fell alongside Treasury yields as concerns about the sustainability of debt-funded AI investments persisted, Deutsche Bank analysts said. Asian tech stocks fell after U.S. tech stocks recovered overnight.
The dollar and Treasury yields declined as concerns continued over the sustainability of debt-funded AI investment. U.S. technology stocks rebounded overnight after Friday’s AI selloff, but Asian tech shares fell, extending the volatility, Deutsche Bank analysts said in a note.