Published Oct 2, 2026, 3:34 AM ET · Updated a month ago · 1 source

Pimco’s Stracke Says AI Spending Drove Yields, Not Inflation

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Original Report

Surging capital demand from hyperscalers and the artificial intelligence ecosystem — rather than inflation expectations — is the primary force pushing real rates and bond yields higher, Pacific Investment Management Co. President Christian Stracke said.