Yields climbing above 5% and substantial issuance are expanding credit spreads, redirecting capital from long-duration A…

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Sep 25, 2026 at 04:05 PM

Yields climbing above 5% and substantial issuance are expanding credit spreads, redirecting capital from long-duration AI hardware toward cash-generative software as profit pools move downstream to applications.

Captain's Compass

🎁[Reward] Higher Yields, Wider Divide: Stricter On Hardware Stocks?

The 10-year Treasury yield briefly topped 5%, the highest since 2007. The Fed is hiking again, oil is above $105, and AI infrastructure companies are borrowing heavily — competing with Treasuries for ...

Spread vs. Us Benchmark Bond-10 Year ICE BofA US High Yield (Right) 一 350 340 33

Average annual infrastructure spending as a percentage of GDP Telecom Canals Rai

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