Asian Stocks to Fall on AI, Key US Yield Tops 5%: Markets Wrap
Asian stocks were set to decline, tracking a US selloff as concerns about the pace of artificial-intelligence development persisted. Inflation worries briefly pushed the 10-year Treasury yield above 5% for...
By Toby Alder · Bloomberg Markets
Asian stocks were set to decline, tracking a US selloff as concerns about the pace of artificial-intelligence development persisted. Inflation worries briefly pushed the 10-year Treasury yield above 5% for the first time since 2023.