Reuters · October 15, 2026

U.S. 10-Year Treasury Yield Falls 8.4 Basis Points to 5.105% on Thursday Amid Selling in AI Stocks

• The yield on the benchmark U.S. 10-year Treasury note fell 8.4 basis points to 5.105% on Thursday, its lowest level in three weeks, according to the report; the benchmark 10-year Japanese government bond yield dropped 6.5 basis points to 2.93%.
• South Korea's KOSPI sank 8%, and the Philadelphia SE Semiconductor Index dropped 4.3% on Wednesday, its sixth straight session of declines, according to the report.
• BlackRock Investment Institute downgraded its view on U.S. stocks to neutral and upgraded Treasuries, preferring short-term notes, according to the report.
• Data centre operator CoreWeave has issued $22 billion of bonds and $26 billion of loans, according to LSEG data cited in the report.
• Prashant Newnaha, senior rates strategist at TD Securities, said the rally in bonds after a higher-than-expected U.S. inflation report indicated that the slump in AI stocks was repricing growth expectations, according to the report.

Figures and statements as reported; analyst statements attributed to Prashant Newnaha of TD Securities and Damien Boey of Wilson Asset Management in the original report. Original headline: "Is the AI rout making bonds safe again?".