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US equity futures declined on Monday amid a broad sell-off in artificial intelligence-related stocks, as Korea's Kospi index entered a bear market and CoreWeave bonds traded at distressed levels. Meanwhile, Treasury yields fell by up to 11 basis points, with the 10-year yield dropping to 5.
08%, as investors sought safe-haven assets following recent reports of slowing growth at AI firm Anthropic and concerns over potential infrastructure impairments.
Location: Strait of Hormuz