An AI bubble is no longer Wall Street’s biggest fear. This stock-market risk just took its place.
AI Summary
Global fund managers are shifting their focus from fearing an AI bubble to worrying about a "disorderly rise" in bond yields, according to Bank of America’s latest survey. This change in concern highlights the potential risks associated with rising interest rates, which could impact borrowing costs and economic growth. This shift underscores how market dynamics are evolving, with financial professionals now prioritizing bond market stability over speculative AI investments.
Original Source
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