Bond Selloff Threatens to Knock AI Stock Frenzy Off Course

Investors are fervently chasing the hot rally in tech and AI stocks while widely acknowledging that rising yields threaten to knock equities off course.

The assessments from Bloomberg News interviews with 32 investment managers across the US, Asia and Europe, including at Wells Fargo Investment Institute, Amundi SA and BMO Global Asset Management, were overwhelmingly bullish. Investors are particularly upbeat about equities, with 80% expecting them to outperform other asset classes such as commodities or bonds over the next three to six months.