Long-dated U.S. government bonds remain under pressure as AI-driven debt issuance is cited as a competing force weighing on long bonds.
The 30-year Treasury yield has reportedly stayed above 5% for its longest run since 2008, signaling sustained pressure on long-dated U.S. government debt. The report cited AI-driven debt issuance as a key competing factor for long bonds, suggesting borrowing linked to artificial intelligence investment may be drawing capital and weighing on demand for Treasuries at the long end of the curve.