Analysts: Bond market sell-off looms, AI stock frenzy may be impacted.

CoinFeed reported on May 16th that, according to Jinshi, investors are enthusiastically chasing the surge in tech and AI stocks, but the market generally acknowledges that rising bond yields could derail the stock market. Most respondents pointed out that if the 30-year US Treasury yield remains consistently above 5%, it would pose a problem for AI stocks. Alexander Drabovic, Chief Investment Officer of Société Générale Wealth Management, called it a "danger zone" for the stock market. Kevin Toze of Camignac's Investment Committee stated that long-term US Treasury yields are at a critical intersection of AI capital expenditures and private credit financing costs. This could affect the financing costs of government deficits and potentially have a "disadvantageous impact" on household wealth. Benoît Pelouy, Chief Investment Officer of Natixis Wealth Management, said, "While the stock market sentiment is bullish, interest rates are still rising."