Investors Turn Cautious as AI Market Risks Converge
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Investors sought safety last week as economic, political and market pressures converged, while concerns about the cost and financing of the AI boom added to unease. U.S. 10-year Treasury yields, which had risen above 5.30% earlier in October, fell below 5% late last week before ending at 5.00%. The move toward Treasurys suggests investors were reducing risk amid the uncertainty, according to Axios.
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