Treasury Yields Slide as Blue Wave Sinks AI Tech Stocks

U.S. Treasury yields fell sharply as investors rotated into safe-haven Treasuries amid a major tech selloff and a slide in oil prices. Fiona Cincotta, StoneX Senior Market Analyst, explains how the Democratic win in the U.S. midterm elections, the AI selloff and lower oil prices are moving Treasuries, and what the 10-year Treasury yield chart shows. The Nasdaq plunged 5.5% and fell into correction territory as the selloff in AI-related shares broadened across the market. Democratic control of Congress has raised concerns over a slowdown in the AI buildout, weighing on AI stocks. Oil prices have fallen as an escalation of the war in Iran looks less likely, easing inflation concerns and pulling Treasury yields lower. Ahead of the nonfarm payrolls report, markets have lowered the probability of a December Federal Reserve rate hike, while the 10-year Treasury yield tests a rising trend line that dates back to March. 00:00 - Tech Rout Pulls Yields Lower 00:32 - Blue Wave Rattles AI Stocks 01:09 - Oil Drop Cools Inflation Fears 01:36 - Fed Bets Fade Before Payrolls 01:50 - Trend Line Support on Trial Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share Like and subscribe for more financial market insights. #Treasuries #StoneX #FionaCincotta #Nasdaq --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social