AI Debt Financing Shockwaves Hit Stock Market, Hot PPI Confirms Inflation Uptick

By Schwab Network

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Yields spiking to nearly 15% on CoreWeave (CRWV) bonds is the biggest headline Kevin Hincks attributes to the AI-led selloff on Wall Street. He says the story is so significant because AI has become an instrumental part of the U.S. economy, and any sudden slowdown will impact all corners of it. However, Kevin urges investors to all pay attention to the sharp decline in Treasury yields as the 10-year lingers just above 5%. He then discusses the hot PPI on the heels of Wednesday's CPI and what it indicates for the inflation picture. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/channel/bb1b75050268416e82a557ff6387bff3/browse Watch on Vizio - https://ww