Man Group's Hooper Warns Bond Yields Threaten AI Capex, US Consumer

Man Group Chief Market Strategist Kristina Hooper warns that surging long-end Treasury yields threaten to topple the two pillars currently propping up US economic growth. Specifically, she identifies AI capital expenditures and consumer spending as the critical areas at risk. According to Hooper, if yields reach levels such as 5.5%, they could crack these essential economic drivers. Her analysis, shared on Bloomberg The Open, highlights the potential instability facing the broader US economy.