AI hype resets as investors turn selective, says Morningstar’s Philip Straehl

Looking at the bond market, spec specifically the two-year yield. Surprised we're not seeing a bigger reaction. Maybe yields moving to the upside.As Hammock, a voting member, says she doesn't even see the need to cut. >> Yeah, I think at this stage, you know, the market has priced in, you know, probably the fact that in January, we're not going to see uh another cut. So, the Fed is on hold.And so, I think it's really going to be data dependent in terms of uh whether we'll see further downside on the um on t ...