BusinessPhoto: Mint MarketsUS Treasury Yields Drop Amid AI Growth Sustainability Concerns
US Treasury yields fell sharply as fears about the sustainability of the AI boom resurfaced, causing equities to sell off. The Nasdaq dropped over 2%, with Meta shares down nearly 8% after its earnings report and new share announcement. Despite persistent inflation, investors favored safe-haven government debt, with the 10-year yield seeing its biggest drop in over three years.
Mint Markets··New York


