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The Economic Times

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Treasuries see best day in over a year as AI selloff revives haven demand

US Treasury bonds surged as a sharp selloff in AI-linked stocks revived demand for safe-haven assets. Treasury yields posted their biggest declines in more than a year, despite Brent crude rising above $112 a barrel. Investors also scaled back expectations for a December Fed rate hike amid growing concerns over AI spending and US growth.

23 Oct 2026 12:33 am