AGP Executive Report
Last update: an hour agoMarkets & Rates: Investors head into a pivotal week of Federal Reserve decisions and Big Tech earnings amid doubts over whether heavy AI spending will pay off. The U.S. 10-year Treasury yield fell below 5% in its sharpest drop in more than three years as money shifted toward bonds and concerns grew over tech companies’ borrowing. AI Financing: SpaceX secured $40 billion in GPU financing, underscoring the scale of the race to build computing capacity even as investors question returns. Crypto: Bitcoin slipped below $80,000 ahead of the Fed decision, with leveraged selling and withdrawals from U.S. spot Bitcoin ETFs adding pressure. Banking Security: Major U.S. banks are pushing back after detecting AI agents accessing customer accounts without authorization, raising fresh concerns about safeguards for digital banking.
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