Investors rushed into U.S. Treasurys on Thursday as stocks tied to the artificial-intelligence boom tumbled. The move follows weeks of selling in long-dated bonds, and it tests whether yields can stay below 5%.
The $32 trillion U.S. Treasury market got a big boost on Thursday, as AI-linked stocks fell and investors moved into bonds for safety.
However, the buying reverses recent price action. Long-dated Treasurys had sold off for weeks, pushing yields above 5%.
Now investors are aggressively switching course and flocking back to bonds. The shift tests whether yields can stay below that psychologically important threshold.
Source: MarketWatch (snippet-based)
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