According to CoinMeta, as the yield on U.S. Treasury bonds rises, AI and tech stocks are under pressure. Higher yields reduce the present value of future returns, making risk-free bonds more competitive compared to stocks and increasing financing costs. This impact is particularly significant for rapidly growing companies such as Nvidia and Broadcom, as their valuations depend on future profit expectations. In September 2026, the yield on 10-year U.S. Treasury bonds approached 4.8%, and the yield on 30-year bonds exceeded 5%. Even small changes in long-term interest rates can have a significant impact on high-valued growth stocks. Higher yields also make investors more inclined to choose safe assets, thereby putting pressure on the valuations of tech stocks.