US Treasury yields rise to nearly 20-year high, US stocks maintain resilience, AI becomes key support

The yield of 10-year US treasury bond bonds rose to the highest level in nearly 20 years, and the S&P 500 index remained resilient. Technology companies are investing heavily in AI infrastructure to support the economy and stock market, and the US Iran agreement is pushing oil prices back down. Meghan Swinber, an interest rate strategist at Bank of America, pointed out that the stock market and other risk assets are currently performing strongly and have not yet sent a signal to the Federal Reserve that demand is slowing down.