The model that most people in the bond market are using is this:
AI is disinflationaryBut first there will be massive spending on chips and power to build it, creating near-term inflationWell the second-leg of that thinking took a big hit from DeepSeek, as it shows that training AI is more technique than power. Since the open sourced it, others will piggyback on the technique and perhaps refine it even more.
So that big spending bump is now in question and the lower cost could make AI even-more ubiquitous.
Now obviously layered on that today is a huge flight to safety with tech getting crushed but this move could also mark a top in yields. This might be your last chance at 4.50% for 10 years for awhile.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( The DeepSeek fallout is so big that it's hitting macro )
Also on site :
- Defiant Serbian leader sends message to EU from Red Square (VIDEO)
- Smoke Signal? Motorcyclist Records Mysterious Black Ring Hovering In Sky Over Kansas (WATCH)
- Kylie Jenner's Dangerously Busty Display Is a 'Top Tier' Look