US bond yields back to 'normal'; AI needs a reality check, says Ed Yardeni (opens original article in a new tab)

Ed Yardeni sees US bond yields returning to normal levels and AI stock corrections as healthy market adjustments, while warning of potential Fed rate hikes and challenges for emerging markets.

• US bond yields returning to normal range of 4-5% according to Ed Yardeni
• AI stock corrections reflect realistic reassessment rather than bubble burst
• Fed may continue tightening despite easing geopolitical risks
• Emerging markets could face currency pressure from US rate hikes