Global markets were already fragile. Big AI bets could break them

Economic Times Techen

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.

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