Data Centers, AI Spending and Higher Rates 10/7/26

Record-high bond yields are reshaping capital allocation across AI buildouts, commercial real estate, and corporate borrowing without yet derailing equity records.

• Yields spike, stocks wobble: The 10-year and 30-year Treasury yields hit 24-year highs intraday before easing after a solid 10-year auction; S&P 500 still near record highs despite the Dow falling ~350 points.
• Kate Moore stays risk-on: Citi Wealth's CIO says she won't chase a 'magical yield' to add duration, stays short duration, favors commodities/gold for diversification, and flags Q2 margin strength as a reason not to bet against corporate resilience.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.