The Nasdaq reached a new record as bond yields climbed sharply.
The 10-year Treasury yield touched a 24-year high, reflecting a global bond selloff.
Rising yields and an AI-driven investing boom are moving through markets at the same time.
The yield surge signals expectations of tighter monetary policy ahead.
Tech and AI-related stocks continued to draw strong investor interest despite higher borrowing costs.
Higher yields typically pressure growth stocks by raising the cost of capital.
Markets now balance record equity highs against a deepening bond rout.
Investors are watching whether the two trends can continue without disrupting one another.
