AI Circle Daily
https://aicircle.news/archive/2026-09-17?category=finance&lang=en
Scan to read this page
The Fed raised rates a quarter point to 3.75%-4%, its first hike since 2023, and the 10-year Treasury yield pushed back above 5% as Chair Warsh flagged persistent inflation risks.
Take: This isn't a garden-variety hike, it's a regime shift. A 5% 10-year is the valuation anchor for every risk asset on the planet, and everything from credit to EM has to reprice. The market is now betting on whether this is the start of a hiking cycle, not the end.
The US 10-year Treasury yield touched 5.04%, the highest since 2007, driven by sticky inflation, a surge in AI-related corporate borrowing, and ballooning federal deficits.
Take: This is a supply story, plain and simple: the Treasury is issuing hand over fist, AI capex is soaking up credit, and buyers are backing away. Duration is a hot potato right now, and nobody wants to be holding it.