The Zhitong Finance App learned that during the Asian trading session on August 18, a “open high and go low” market triggered by a sharp rise in long-term US bond yields sounded a wake-up call for AI investors around the world. Overnight, the yield on US 30-year Treasury bonds rose to 5.29%, the highest level since June 2007, approaching the initial high of the global financial crisis. The 10-year US Treasury yield also rose above 4.7%, close to the 19-month high of 4.75% hit last week. This “anchor of pricing” continues to move upward, and it is becoming one of the biggest risks to the rise of Asian AI-driven stock markets. The data shows that in the past five years, when 10-year US Treasury yields rose 20 basis points or more in a single week, the MSCI Asia Pacific Index fell in 17 out of 20 weeks, with an average decline of 1.7%.

The Zhitong Finance App learned that during the Asian trading session on August 18, a “open high and go low” market triggered by a sharp rise in long-term US bond yields sounded a wake-up call for AI investors around the world. Overnight, the yield on US 30-year Treasury bonds rose to 5.29%, the highest level since June 2007, approaching the initial high of the global financial crisis. The 10-year US Treasury yield also rose above 4.7%, close to the 19-month high of 4.75% hit last week. This “anchor of pricing” continues to move upward, and it is becoming one of the biggest risks to the rise of Asian AI-driven stock markets. The data shows that in the past five years, when 10-year US Treasury yields rose 20 basis points or more in a single week, the MSCI Asia Pacific Index fell in 17 out of 20 weeks, with an average decline of 1.7%.