[Bessent Downplays Concerns Over Rising Yields and AI Bubble] According to a report by Jinse Finance, on October 4, U.S. Treasury Secretary Bessent stated that the recent rise in U.S. Treasury yields aligns with global trends and there is no need for excessive panic. In an interview with Axios on Saturday, he said: 'I would be concerned if there were some sort of specific spike.' '(But) we haven’t seen people selling U.S. Treasuries to buy German or Japanese bonds.' 'I can’t control the bond market. What I can do is encourage people to slow down and think.' Bessent also praised the U.S. financial intervention in Argentina and expressed openness to implementing similar aid in the future. He said: 'I believe Argentina’s stability has brought about a major transformation in Latin America, which could be a generational shift, perhaps even unprecedented. We’ve never had so many Latin American countries aligned with the United States.' Additionally, Bessent dismissed concerns about an AI bubble, arguing that major players like Microsoft, Google, and Meta are investing heavily and driving significant revenue growth for companies like Anthropic and OpenAI.