Man Group: 5.5% yields risk cracking AI capex, US consumer

Man Group Plc Chief Market Strategist Kristina Hooper warned that surging long-end Treasury yields threaten to topple the two pillars propping up US economic growth: AI capital expenditures and consumer spending.

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“Something has to give,” Hooper said Monday in a Bloomberg Television interview as the selloff in government bonds sent yields higher across the curve.

Yields are at…