US Treasuries rally as technology stock sell-off sparks growth fears
US Treasuries rallied in a global bond surge as an artificial intelligence stock sell-off prompted investors to seek safe-haven assets over growth concerns.
Global bond markets experienced a significant rally as US Treasuries surged, driven by an escalating sell-off in artificial intelligence and technology shares. Investors shifted toward traditional safe-haven assets amid heightened concerns over a potential economic growth slowdown. The downturn in the tech sector also impacted corporate debt markets, with credit risk metrics for cloud provider CoreWeave reaching record highs as its high-yield bonds extended recent losses. Financial market participants are closely monitoring portfolio diversification strategies as volatility shifts capital from equities into government debt.
Sources: Bloomberg.