Bonds may finally be staging a comeback. Jeffrey Rosenberg of BlackRock told Reuters that doubts over AI reflect the risk that growth may fall short of expectations, leaving bonds as the only remaining diversifier and giving them a 'new lease on life'
Bonds are paying the most since 2008, while stocks are at record highs.
🔸 Only handful of AI-stocks are driving the rally, with lower valuation
🔸 Semiconductor inflows almost quadrupled
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Bonds issued by Verizon and AT&T weakened on Friday, following SpaceX’s announcement that it will buy US spectrum that will help the company become a “major mobile carrier” in the US