Higher yields now hurting AI stock bull as bond markets police capex: BofA
In short
Rising bond yields are now negatively impacting the bull market for artificial intelligence stocks, according to Bank of America. The shift occurs as bond markets actively police capital expenditures tied to the sector.
Key points
- Rising bond yields are now negatively impacting the bull market for artificial intelligen…: Rising bond yields are now negatively impacting the bull market for artificial intelligence stocks, according to Bank of America.
- The shift occurs as bond markets actively police capital expenditures tied to the sector.: The shift occurs as bond markets actively police capital expenditures tied to the sector.