Surging long-term Treasury yields could threaten AI capital spending and US consumer spending
Bloomberg reports that Man Group Chief Market Strategist Kristina Hooper warned rising long-end Treasury yields could undermine two pillars of US growth: AI capital expenditures and consumer spending.
TLDR
Bloomberg reports that Man Group Chief Market Strategist Kristina Hooper warned that surging long-end Treasury yields threaten AI capital expenditures and consumer spending. Bloomberg’s headline identifies 5.5% yields as a risk to both.
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