AI tech panic intensifies bond selloff, global credit spreads rise to 17-month high

Zhitong Finance APP has learned that indicators across the global bond market are sending the strongest risk-off signal in more than a yearthe AI stock selloff and heightened geopolitical tensions are prompting investors to turn to safe-haven assets. On Friday, the spread on higher-rated Asian corporate dollar bonds widened to its highest level since July last year, in sync with the broader credit market. This move is consistent with the jump in the global corporate bond yield premium: index data show the premium widened to its broadest since May 2025, reaching as high as 129 basis points.