10-year Treasury yield tumbles below 5% to lowest level in nearly a month

Impact · against what's priced in

The news is mildly bearish for NVDA as CEO Jensen Huang's comments on capital scarcity for neoclouds suggest a bottleneck in AI infrastructure spending. This supports the market's current refusal to price in the most aggressive revenue projections for Blackwell and Rubin architectures.

NVDA−0.30: Challenges what's priced in
The price assumes: Does the $1 trillion Blackwell/Rubin revenue projection... actually convert into fulfilled orders
Jensen Huang's statement that capital is 'scarce' for neoclouds despite 'off the charts' demand reinforces why the market is currently declining the $1 trillion cumulative revenue projection and the escalation of revenue-per-gigawatt.
What NVDA's price assumes · Sep 1

10-year Treasury yield tumbles below 5% to lowest level in nearly a month

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10-year Treasury yield tumbles below 5% to lowest level in nearly a month

What matters in this story

The U.S. stock market is fracturing into two camps, and it's leaving investors with a brutal case of whiplash

10-year Treasury yield tumbles below 5% to lowest level in nearly a month

What matters in this story

The U.S. stock market is fracturing into two camps, and it's leaving investors with a brutal case of whiplash

How each ticker is affected

Track these names every morning.

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10-year Treasury yield tumbles below 5% to lowest level in nearly a month

What matters in this story

Next reads from the same story arc

The U.S. stock market is fracturing into two camps, and it's leaving investors with a brutal case of whiplash

10-year Treasury yield tumbles below 5% to lowest level in nearly a month

What matters in this story

Next reads from the same story arc

The U.S. stock market is fracturing into two camps, and it's leaving investors with a brutal case of whiplash

How each ticker is affected

Track these names every morning.

Tech Sell-Off Leads To Uptick In Defensive Stocks

Stock Market Today, Oct. 22: CoreWeave Slides on Bernstein Downgrade and Financing Worries

GPIQ: Two-Thirds Uncapped Going Into Big Tech Earnings

Tesla shares SWING after earnings call