AI trade stumbles again as investors rediscover the safe-haven value of US Treasuries.

Zhitong Finance APP has learned that BlackRock's president stated that there is no bubble in artificial intelligence (AI). U.S. Treasury Secretary Bessent also does not see any "systemic issues" in this boom. But no matter how hard Wall Street's top executives try to suppress the market's concerns about this sector, the market refuses to calm down.