AI Debt Concerns Weigh on Dollar, Lift Swiss Franc
ING’s Chris Turner says the dollar and Treasury yields reversed gains after Wednesday’s higher-than-expected U.S. inflation data, amid concerns about AI-sector debt.
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Ether falls to two-and-a-half-week low as yields rise
Ether dropped 4.4% to as low as $2,572 as elevated Treasury yields weighed on risk appetite. Analysts said weaker institutional demand and recent spot ETF outflows were adding pressure.