'Light tough' AI regulation, treasury yields rise

Treasury yields hover near multi-year highs as investors await Friday’s big jobs report for clues on the Federal Reserve’s next policy move. New York Fed President John Williams tells CNBC higher yields are not a signal of market dysfunction. Traders brace for possible ‘Yen-tervention’ as the dollar eases from a two-week high, raising speculation that Japanese authorities might once again intervene in the foreign exchange market. Washington secures a 'light touch' approach to AI regulation at a G20 technology gathering in North Carolina as Commerce Secretary Howard Lutnick tells CNBC any tariffs on the chip sector will be selective.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.