Bank of America Fund Manager Survey: "Disorderly Bond Yield Rises" Has Replaced the "AI Bubble" as the Market's Biggest Concern

Bank of America's September Global Fund Manager Survey (FMS) shows that "disorderly bond yield increases" have, for the first time, surpassed the "AI bubble" to become the market's biggest tail risk, reflecting investors' deep-seated anxiety about the interest-rate outlook.

wallstreetcnSep 15 22:41

10-year Treasuries Cross Above 5%, but Are Other Market Risks Showing Up?

Yahoo FinanceSep 15 22:27

Interest expenditures surpass $1 trillion for the first time, putting Bessent’s "growth-driven debt reduction" vision to the test

Bessent hopes the U.S. economy will maintain growth of around 3% to ease debt pressures through "growth," but this approach is now being questioned by experts. Economists project that in 2027 and 2028, U.S. GDP growth will barely exceed 2%, net interest payments have already surpassed $1 trillion, and an aging population continues to weigh heavily on public finances. Experts point out that relying solely on growth will not be enough to curb debt expansion; the median forecast for the U.S. deficit-to-GDP ratio in 2028 remains as high as 6.4%.

wallstreetcnSep 15 22:17

U.S. Treasury yields breaking above 5% may be just the prologue, as Wall Street draws a "life-or-death" line for financial markets at 5.25%.

This week, the yield on the 10-year U.S. Treasury bond rose above 5%, triggering a sell-off in both U.S. stocks and bonds. However, analysts warn that a further climb to 5.25% could sharply increase market volatility.

Zhitong FinanceSep 15 21:46

U.S. Treasury yields surge past 5%! Bessent faces a major test tonight as markets question the "growth-led deleveraging" logic.

As U.S. Treasury yields surpass 5%, hitting a new high since 2007, Treasury Secretary Bessent's strategy of "using growth to eliminate debt" is now being put to the test by a confluence of historical realities, welfare spending, interest costs, and deficit targets.

Zhitong FinanceSep 15 20:20

US Stock Market Preview | Bessent to Appear at House Hearing at 22:00 Tonight, Markets Watch for New Signals on US Treasuries; Crypto-Related Stocks Fall in Pre-Market Trading as Senate Votes on CLARITY Act at 02:15; ASML Holding Rises Over 3% in Pre-Market as JPMorgan Forecasts Production of More Than 110 EUV Tools by 2028

The Pentagon has acknowledged a shortage of ammunition in the war against Iraq, with officials confirming that the Trump administration downplayed the issue; Lavrov: Russia is willing to reach a compromise on the Ukraine issue within its established position.

Futu NewsSep 15 20:19