US Treasury Yields Plunge as AI Boom Sustainability Fears Resurface
Treasury yields fell Thursday as equities declined amid renewed concerns about the sustainability of the AI outlook. The Nasdaq fell about 2%, while Meta shares lost roughly 6%.
U.S. Treasury yields fell on Thursday as equities weakened, with renewed concerns over the durability of the AI outlook increasing demand for government debt as a safe haven. The Nasdaq dropped about 2%. Meta shares fell roughly 6% after the company’s quar…