Why the bot decided this
Fed Governor Waller said hyperscalers still plan to spend trillions of dollars over the next three years, with AI investment contributing to higher yields and real growth. He added that weaker AI spending could limit price gains and that the U.S. Treasury safety premium is gone.
The article
Reported Earlier, Fed's Waller Says From What I'm Hearing From Hyperscalers, They're Still Planning On Spending Trillions Of Dollars Over The Next Three Years; AI Buildout Definitely Having An Impact On Yields; If AI Investment Falls Off, That Will Put A Check On Price Gains; Rise In Yields Is A Factor Of Real Growth; Inflation Expectations Are Well Anchored; Safety Premium Of U.S. Treasuries Is Gone