The big threat to the intense AI rally is the crashing bond market
Sharemarkets are attempting to find some stability as global bond markets crater over fears of rising inflation. The risk-off mood saw technology and growth stocks take a tumble overnight as fear that the oil price near US$110 will keep impacting economies and cause stagflation. If bond yields keep rising, the sharemarket rally will struggle to continue.
Watchlist: Technology One, Elders, Home Depot
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