Long Bond Pain: Fuelled by AI Boom and Debt Surge The long bond market has been in turmoil, with yields soaring to unprecedented levels and investors facing significant losses.
Over $1 trillion worth of bonds have been downgraded to junk status, sparking concerns about the stability of global financial markets.
The pain is driven by a complex interplay of factors, including the rapid adoption of artificial intelligence (AI) and a surge in debt across various sectors.