Nvidia Earnings and Warsh’s Jackson Hole Debut Test Stocks as 30-Year Yield Hits 5.26%
Updated
Updated · Bloomberg · Aug 24
Nvidia Earnings and Warsh’s Jackson Hole Debut Test Stocks as 30-Year Yield Hits 5.26%
3 articles · Updated · Bloomberg · Aug 24
Summary
Wednesday’s Nvidia results and Friday’s Jackson Hole keynote by Fed Chair Kevin Warsh are set to test a stock market that Bloomberg says is already rotating away from a pure AI trade.
That shift comes as bond volatility has become a major driver: the 30-year Treasury yield recently climbed to 5.26% amid a selloff in long-dated government debt.
Warsh’s advertised topic is payments innovation, but investors are watching for any side comments on the Treasury’s effort to counter the long-bond rout or on broader policy.
The week leaves markets balancing two pressures at once — whether Nvidia can still validate AI-driven valuations and whether bond-market stress keeps reshaping leadership across equities.