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AI summary of a third-party reportBearishNewsDesk

Investors turn to bonds as US AI and tech stocks slide, Bitcoin.com reports

Bond buying has picked up after Intel, Meta, Amazon and Alphabet fell in the week of 26 October, pushing 10-year real yields to 2.58%, even as US third-quarter growth beat expectations.

Why it matters: The article links a rotation into bonds and away from AI and tech stocks to doubts about where US growth is coming from, a shift that shapes risk appetite across markets.

InvestIn.News NewsDesk · 1 min read
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Picture from Bitcoin.com News for: Investors turn to bonds as US AI and tech stocks slide, Bitcoin.com reports
Image: Bitcoin.com News
Original reporting: Sergio Goschenko, Bitcoin.com News

Key points

  • The 10-year real yield fell to 2.58% in the week of 2 November as investors moved into bonds, according to the Financial Times.
  • Intel, Meta, Amazon and Alphabet all lost market value in the week of 26 October, Bitcoin.com reports.
  • BNY's Vincent Reinhart says growth is heavily dependent on technology spending and the worry is global, not just American.

Investors are moving into bonds as they reassess the growth prospects of US AI and tech stocks, Bitcoin.com reports. The shift follows the previous week's falls in market capitalisation at Intel, Meta, Amazon and Alphabet, even though the wider US economy posted hotter-than-expected third-quarter growth.

The bond trade has gathered pace, according to the Financial Times, taking the 10-year real yield as low as 2.58% in the week of 2 November. Bill Campbell, a portfolio manager at DoubleLine, said the market had been pricing in strong growth built on AI and on hoped-for relief in the Middle East, and is now re-examining those expectations.

Vincent Reinhart, chief economist at BNY Investments, said the dependence on technology spending is a global phenomenon and that you do not need to be a tech pessimist to worry.

Read the full story on Bitcoin.com News

Live updates on NewsFeeds:AIDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Bitcoin.com News’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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