Global markets were already fragile. Big AI bets could break them
Investors flocked to bonds. Yields, which move inversely to price, fell from multidecade highs, with the benchmark 10-year Treasury, which guides borrowing costs globally, falling almost 20 basis points on October 22, its biggest daily fall since early 2023.
Sources
- T1Global markets were already fragile. Big AI bets could break themEconomic Times — Tech / Technology / Startups / ETTelecom