Tech Stock Selloff Deepens, Bonds Gain With Yen: Markets Wrap
9 Articles
9 Articles
Tech Stock Selloff Deepens, Bonds Gain With Yen: Markets Wrap
(Bloomberg) -- The global rout in technology stocks this week deepened as investors rotated out of the hottest trade of the year and sought safety in Treasuries and currencies such as the yen. Crude oil extended its gains.
(Seoul = Yonhap News) Reporter Kim Yoo-ah = iM Securities pointed out that U.S. Treasury bonds and the Japanese yen have recently shown a simultaneous strong rally, indicating a preference for safe assets for the time being...
Concerns about the huge capital spending of technology giants, rising oil prices and pressure on the debt market from what is happening in France are weighing on stock markets around the world. At the same time, investors are returning to the traditional safe haven: US government bonds.
A new wave of liquidations is sweeping technology stocks, as investors move away from the big bet on artificial intelligence and seek safety in government bonds. At the same time, Brent oil… Stock markets: Oil surges, tech bleeding deepens – Investors run for shelter - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
Again, the two cuckoos of the year (oil and AI) once again wreaked havoc on all markets. There were heavy falls in some technology companies, with significant losses in gold, silver and cryptocurrencies. Surprisingly, US Treasury bonds became refuge again, while French bonds sank. Locally, public and private securities lost value and risk rose to the highest level in a year.
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