Bond market wobble warns of tighter credit for homebuyers, AI data centers
U.S. high‑yield bonds are sliding, dragging the S&P 500 and flagging a broader risk in the bond market. The dip reflects worries about rising inflation, a looming Fed rate hike and geopolitical stress, which tighten financing for home buyers and AI data‑center projects, while boosting yields for retirees. Investors should watch the 2‑year Treasury crossing 4.3% as a warning signal.