U.S. Treasury yields fell on Monday as investors sought out safe-haven assets amid a massive stock market sell-off. The 10-year Treasury yield slipped seven basis points to 4.557%, while the 2-year Treasury yield was last trading at 4.225% after falling close to five basis points. One basis point equals 0.01% and yields move inversely to prices. Stocks tumbled on Monday, with the Nasdaq Composite being hit hard by a large decline in the technology sector. Last week, Chinese AI startup DeepSeek released an open source AI model that reportedly outperformed OpenAI’s in several tests. The company said it launched the large-language model in December for less than $6 million, causing investors to question the billions of dollars they have spent to build and train AI models.
Source: CNBC – Bonds
