A repost on the PANews channel said that U.S. Treasury yields rose to multi-year highs, weighing on European and U.S. risk assets; U.S. technology shares fell and gold retreated. The market is watching the Federal Reserve’s path and AI capital-expenditure risks.
BlockBeats reports that Bill Ackman believes the Fed's rate hike this time may be a mistake, saying that AI related capital expenditure may weaken the suppressive effect of tightening on investment. The report also cites CME FedWatch as saying that the market is pricing in a October rate-hike probability of approximately 64%。
