AI Debt Competing with Treasuries Is Adding to Lofty US Yields

AI Debt Competing with Treasuries Is Adding to Lofty US Yields The US 30-year bond yield has held above 5% for the longest stretch since the start of the financial crisis. This article is for subscribers only. All that AI capex needs to be funded, and the long-maturity debt that tech companies are pouring into the market is competing with Treasuries for bond buyers. That’s one of the reasons the US 30-year bond yield has held above 5% for the longest stretch since the start of the financial crisis. The deluge of issuance to fund AI infrastructure is coinciding with growing concern about a deteriorating fiscal picture.