I would not rush to trim growth stocks just because the 10-year yield moved above 5%. Higher yields clearly put pressure on high-valuation growth stocks, but I see this more as a reason to be selective and manage position sizes rather than exit the AI trade completely.

For me, a sharp pullback can actually create better opportunities to DCA into companies where the long-term fundamentals remain strong. I would rather buy gradually on weakness than chase when prices are running, while keeping enough cash to handle further volatility. The key is whether earnings and AI demand continue to justify the valuations.