---
title: "Treasury yields hit multi-year highs, tech stocks retreat before Nvidia results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287000448.md"
description: "U.S. Treasury yields have reached multi-year highs, with the 30-year yield at its peak and the 10-year surpassing 4.67%. This rise, driven by persistent inflation and changing rate expectations, has negatively impacted high-growth tech and semiconductor stocks, particularly AI-focused ETFs. Investors are closely watching Nvidia's upcoming earnings to determine if strong AI demand can mitigate the effects of increased borrowing costs."
datetime: "2026-05-20T03:43:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287000448.md)
  - [en](https://longbridge.com/en/news/287000448.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287000448.md)
---

# Treasury yields hit multi-year highs, tech stocks retreat before Nvidia results

Yields break records: The 30-year U.S. Treasury yield reached its highest in years, and the 10-year topped 4.67%, driven by stubborn inflation and shifting rate expectations. Tech feels the heat: High-growth tech and semiconductor stocks fell as rising yields reduced the present value of future earnings, hitting AI-focused ETFs hard. Nvidia in spotlight: Investors await Nvidia’s earnings to see if strong AI demand can offset valuation pressures from higher borrowing costs.

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