Besant: No need to worry about rising U.S. Treasury yields and the AI bubble

Oct 4, 2026 01:08:42

U.S. Treasury Secretary Becerra stated that the recent rise in U.S. Treasury yields is consistent with global trends and does not warrant excessive panic. He praised the U.S. financial intervention in Argentina and expressed an open attitude towards similar assistance in the future. Additionally, Becerra dismissed concerns about an AI bubble, believing that companies like Microsoft, Google, and Meta are driving significant revenue growth.

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