While Wall Street remains fixated on upcoming NVIDIA Corp (NASDAQ:NVDA) earnings, the bond market may be flashing the more important signal.
• NVIDIA stock is showing upward bias. Where are NVDA shares going?
Bond Market Sends Warning Signal
The yield on the 30-year Treasury bond climbed to 5.18% on Tuesday, its highest level since 2007, intensifying the sell-off in long-duration Treasury ETFs and reigniting fears that “higher for longer” interest rates are becoming a structural market problem rather than a temporary one.
That matters because rising Treasury yields do not just hit bonds — they also pressure the valuations of long-duration growth assets, particularly technology and AI stocks whose future cash flows become less attractive as rates climb.
AI Trade Faces Valuation Pressure
The timing is especially notable as investors prepare for Nvidia earnings, widely viewed as one of the market’s most important AI catalysts.
For much of the past …
This post was originally published here
