Long-dated Treasury selloff continues! 10-year U.S. Treasury yield breaks above 5.2% again, "agent explosion VS rising financing costs" narrative confrontation escalates

Zhito Finance APP has learned that the investment wave in AI computing power infrastructure is facing an increasingly acute set of contradictions: the strong computing power expectations brought about by the large-scale expansion of AI agent applications have reinforced the necessity for enterprises to lock in computing power resources on a large scale in advance, while energy inflation and the monetary tightening expectations led by the Federal Reserve are simultaneously raising the funding costs of these investments. In early Asian trading on September 28, after Trump rejected Iran's latest proposal to open the Strait of Hormuz, Brent crude rose 1.4% to $105.80 per barrel, and U.S. Treasuries once again suffered heavy selling: the two-year yield, which is sensitive to the policy rate, rose 5 basis points to 4.90%, while the 10-year U.S. Treasury yield rose 4 basis points, climbing above the 5.20% level again after last Thursday.