The Huatai Securities Research Report said that last week, the US CPI and PPI both exceeded expectations in September, driving up the probability of interest rate hikes in October, and the long-term yield on US bonds hit a new high in 24 years. However, after that, the AI industry chain retreated under the dual influence of financing pressure and growth concerns, which in turn led interest rates on US bonds to fall from a high point. As a result, asset performance was slightly reversed. Markets that were not the main AI line but benefited from partial easing of pressure on US bonds, such as India and the Hang Seng Index, outperformed relative earnings, and traditional industries recovered slightly.

The Huatai Securities Research Report said that last week, the US CPI and PPI both exceeded expectations in September, driving up the probability of interest rate hikes in October, and the long-term yield on US bonds hit a new high in 24 years. However, after that, the AI industry chain retreated under the dual influence of financing pressure and growth concerns, which in turn led interest rates on US bonds to fall from a high point. As a result, asset performance was slightly reversed. Markets that were not the main AI line but benefited from partial easing of pressure on US bonds, such as India and the Hang Seng Index, outperformed relative earnings, and traditional industries recovered slightly.