AI supply chain credit cracks spark market concerns, 10-year US Treasury yield falls to 5.09%, a three-week low.
Cloud computing company CoreWeave's debt crisis has prompted a re-evaluation of overall financing risks in the AI sector, compounded by higher-than-expected US September CPI data, driving investors into safe-haven assets. During Thursday's Asian trading session, the 10-year US Treasury yield fell 10 basis points to 5.09%, hitting a three-week low. Meanwhile, the MSCI Asia Pacific Index plunged over 3%, South Korea's KOSPI index plummeted 9% in a single day, and both Samsung Electronics and SK Hynix tumbled 11%.
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