Asian Stocks to Fall on AI, Key US Yield Tops 5%: Markets Wrap
Asian stocks were set to decline after a selloff in US semiconductor shares as concerns grew that the pace of artificial intelligence development may slow. Inflation worries briefly pushed the 10-year Treasury yield above 5% for the first time since 2023.
<p>Asian stocks were set to decline after a selloff in US semiconductor shares as concerns grew that the pace of artificial intelligence development may slow. Inflation worries briefly pushed the 10-year Treasury yield above 5% for the first time since 2023.</p>