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Money flows into U.S. Treasuries on AI bubble fears

Money is flowing into U.S. Treasuries, a safe-haven asset, as technology shares wobble on concerns about an AI bubble, the Financial Times reported on Friday. U.S. Treasury prices recorded their biggest weekly rise of the year, the report said. The benchmark 10-year Treasury yield fell to 5.13 percent on Oct. 16, down 0.12 percentage points over a week. European government bond yields also declined, with UK and Italian 10-year yields falling.