Bonds & Rates
Home›Bonds & Rates›Inflation›Tech stocks slide as 30-year Treasury yield nears a tw…
Tech stocks slide as 30-year Treasury yield nears a two-decade high
The move was tied to rising borrowing costs, with attention on inflation concerns and large AI-related spending.
Tech stocks fell as Treasury yields climbed toward a two-decade high, according to The Wall Street Journal.
The outlet pointed to a mix of drivers pushing borrowing costs higher, including expectations around inflation and the impact of large fiscal deficits.
It also cited massive spending tied to artificial intelligence as part of the backdrop for the higher-rate environment.
← Newer storyTCI builds $636m portfolio of loans tied to Italy’s luxury hotelsOlder story →Long-dated Treasurys sell off again as bond rout deepens
More like this
Bonds & RatesWall Street sees no end to global bond selloff