Global AI trade retreats: Nikkei 225 approaches technical bear market, JGBs rise in tandem with US Treasuries

Zhitong Finance APP has learned that the selloff triggered by the unwinding of AI trades is spreading from Wall Street to Asian markets. Japan's Nikkei 225 Index is approaching a technical bear market as investors unwind AI-related trades, while Japanese government bonds rose on Friday, following the rally in U.S. Treasuries, further intensifying global risk aversion.