[{"data":1,"prerenderedAt":368},["ShallowReactive",2],{"header":3,"footer":26,"footer-cities":54,"content-\u002Fnews\u002Fai-stock-selloff-drives-treasury-yields-to-biggest-monthly-drop-since-2023":235},{"id":4,"title":5,"body":6,"description":10,"extension":13,"links":14,"meta":20,"navigation":21,"path":22,"seo":23,"stem":24,"__hash__":25},"header\u002Fheader.md","Central Valley AI",{"type":7,"value":8,"toc":9},"minimark",[],{"title":10,"searchDepth":11,"depth":11,"links":12},"",2,[],"md",[15],{"label":16,"to":17,"icon":19},"News",{"path":18},"\u002Fnews\u002F","mdi-newspaper-variant-outline",{},true,"\u002Fheader",{"title":5,"description":10},"header","ceT4J-WxxOBdbhRC-UD3fo0Npu7vWt2o2B9b_LURPmE",{"id":27,"title":28,"body":29,"copyright":33,"description":10,"developedBy":34,"extension":13,"links":41,"meta":49,"navigation":21,"path":50,"seo":51,"stem":52,"__hash__":53},"footer\u002Ffooter.md","Footer",{"type":7,"value":30,"toc":31},[],{"title":10,"searchDepth":11,"depth":11,"links":32},[],"© {year} All rights reserved.",{"label":35,"link":36},"Developed by",{"label":37,"to":38,"target":39,"logo":40},"Kaweah Tech","https:\u002F\u002Fkaweah.tech","_blank","https:\u002F\u002Fassets.kaweah.tech\u002Flogo-black-on-transparent-tight.svg",[42,43,46],{"label":16,"to":18},{"label":44,"to":45},"About","\u002Fabout\u002F",{"label":47,"to":48},"Privacy Policy","\u002Fprivacy-policy\u002F",{},"\u002Ffooter",{"description":10},"footer","Ras2AGS8Wuda4aBPrbAbOivaxIsAoDbo9SNCA0w554g",[55,85,123,154,181,208],{"id":56,"title":57,"body":58,"county":77,"description":10,"extension":13,"intro":78,"meta":79,"navigation":21,"path":80,"seo":81,"stem":82,"tag":83,"__hash__":84},"cities\u002Fcities\u002Fbakersfield.md","Bakersfield",{"type":7,"value":59,"toc":74},[60,65],[61,62,64],"h2",{"id":63},"ai-in-bakersfield","AI in Bakersfield",[66,67,68,69,73],"p",{},"Bakersfield's AI conversation sits at the intersection of municipal government, the ",[70,71,72],"strong",{},"California State University Bakersfield"," community, and the energy and ag operators that drive Kern County's economy. The city was an early mover on AI-assisted permitting and has been a recurring backdrop for parent- and teacher-led debates about classroom AI use. Articles below follow specific Bakersfield initiatives, public-meeting decisions, and Kern County workforce stories — and how they reflect national AI trends from a regional vantage point.",{"title":10,"searchDepth":11,"depth":11,"links":75},[76],{"id":63,"depth":11,"text":64},"Kern County","Bakersfield and the surrounding Kern County are home to some of the most concrete AI-in-government experiments in the Central Valley, from instant municipal permitting to school-district debates about classroom AI. Coverage on this page tracks how AI is reshaping public services, education, and the energy and agriculture economies that dominate the region.",{},"\u002Fcities\u002Fbakersfield",{"title":57,"description":10},"cities\u002Fbakersfield","bakersfield","ozFL4HvDA_g7UrRE1mHbKqcS-vDLwbiH9JWVh3rB2Ac",{"id":86,"title":87,"body":88,"county":115,"description":10,"extension":13,"intro":116,"meta":117,"navigation":21,"path":118,"seo":119,"stem":120,"tag":121,"__hash__":122},"cities\u002Fcities\u002Ffresno.md","Fresno",{"type":7,"value":89,"toc":112},[90,94,109],[61,91,93],{"id":92},"ai-in-fresno","AI in Fresno",[66,95,96,97,100,101,104,105,108],{},"Fresno's AI story spans several distinct ecosystems. ",[70,98,99],{},"Fresno State"," and the ",[70,102,103],{},"California State University"," system anchor a workforce-readiness push, while local ",[70,106,107],{},"Fresno Unified School District"," debates around responsible use have made the city a recurring reference point in California's K-12 AI conversation. The city's economic base in agriculture, healthcare, and public services means most AI adoption stories here are about applied uses rather than model development — a different posture than coastal tech hubs but arguably more consequential for the people living here.",[66,110,111],{},"Use the articles below to follow how AI is showing up in Fresno-area institutions and businesses.",{"title":10,"searchDepth":11,"depth":11,"links":113},[114],{"id":92,"depth":11,"text":93},"Fresno County","Fresno is the largest city in California's Central Valley and the regional center for AI adoption across agriculture, healthcare, higher education, and small business. Coverage on this page tracks how AI is being applied — and contested — in and around the city of Fresno and Fresno County.",{},"\u002Fcities\u002Ffresno",{"title":87,"description":10},"cities\u002Ffresno","fresno","gOL2xk8y9t9OV6PPxP02OjYhZFHC_Cg-VGijh_V93dI",{"id":124,"title":125,"body":126,"county":146,"description":10,"extension":13,"intro":147,"meta":148,"navigation":21,"path":149,"seo":150,"stem":151,"tag":152,"__hash__":153},"cities\u002Fcities\u002Fmerced.md","Merced",{"type":7,"value":127,"toc":143},[128,132],[61,129,131],{"id":130},"ai-in-merced","AI in Merced",[66,133,134,135,138,139,142],{},"Merced is a research-heavy node in the Central Valley AI ecosystem. ",[70,136,137],{},"UC Merced"," faculty appear in national conversations about AI safety, autonomous vehicles, climate modeling, and pediatric health applications, while the ",[70,140,141],{},"Merced Unified School District"," and surrounding county institutions navigate the same K-12 and workforce questions the rest of the Valley faces. The articles below cover both the campus research story and the broader applied uses around the city and county.",{"title":10,"searchDepth":11,"depth":11,"links":144},[145],{"id":130,"depth":11,"text":131},"Merced County","Merced punches above its weight in AI research, anchored by UC Merced — a leading West Coast hub for AI in agriculture, climate, autonomous systems, and health. Coverage on this page tracks both academic research coming out of the campus and how AI is showing up across Merced's schools, businesses, and county institutions.",{},"\u002Fcities\u002Fmerced",{"title":125,"description":10},"cities\u002Fmerced","merced","pSWWlEzMdcv2_RZrUKdkEHU3bixNboePGdHbSdd1m34",{"id":155,"title":156,"body":157,"county":173,"description":10,"extension":13,"intro":174,"meta":175,"navigation":21,"path":176,"seo":177,"stem":178,"tag":179,"__hash__":180},"cities\u002Fcities\u002Fmodesto.md","Modesto",{"type":7,"value":158,"toc":170},[159,163],[61,160,162],{"id":161},"ai-in-modesto","AI in Modesto",[66,164,165,166,169],{},"Modesto's AI conversation tends to combine ag-tech adoption stories with workforce-readiness questions for the city's small and mid-sized employers. ",[70,167,168],{},"CSU Stanislaus"," and the regional community college network shape the higher-ed angle. Coverage below follows Modesto-area AI announcements and the wider Stanislaus County context.",{"title":10,"searchDepth":11,"depth":11,"links":171},[172],{"id":161,"depth":11,"text":162},"Stanislaus County","Modesto and Stanislaus County sit between the Bay Area and the southern Valley, and their AI story reflects that bridging role — from agriculture and food processing to the **California State University Stanislaus** community to small businesses adapting to AI-driven changes in marketing, hiring, and operations.",{},"\u002Fcities\u002Fmodesto",{"title":156,"description":10},"cities\u002Fmodesto","modesto","l75Dc40MX8wTb4lD088Yx9we4ypuDwmcvE-uEdqqREc",{"id":182,"title":183,"body":184,"county":200,"description":10,"extension":13,"intro":201,"meta":202,"navigation":21,"path":203,"seo":204,"stem":205,"tag":206,"__hash__":207},"cities\u002Fcities\u002Fstockton.md","Stockton",{"type":7,"value":185,"toc":197},[186,190],[61,187,189],{"id":188},"ai-in-stockton","AI in Stockton",[66,191,192,193,196],{},"Stockton's economic base in logistics, healthcare, and higher education gives the city a different AI profile than the southern Valley. ",[70,194,195],{},"University of the Pacific"," anchors the academic conversation, while San Joaquin County government, hospitals, and warehouse operators are navigating practical adoption questions: cost, training, security, workforce impact. The articles below track Stockton-area AI announcements and the broader San Joaquin County context.",{"title":10,"searchDepth":11,"depth":11,"links":198},[199],{"id":188,"depth":11,"text":189},"San Joaquin County","Stockton and San Joaquin County sit at the northern edge of the Central Valley, where logistics, healthcare, and the University of the Pacific shape the local AI adoption story. Coverage on this page follows how AI is being put to work — and questioned — across San Joaquin County's institutions, employers, and public services.",{},"\u002Fcities\u002Fstockton",{"title":183,"description":10},"cities\u002Fstockton","stockton","TYEBK9akp2HbpAFmYY67FeKt7Rs7L8tvtYeQBtgJAHw",{"id":209,"title":210,"body":211,"county":227,"description":10,"extension":13,"intro":228,"meta":229,"navigation":21,"path":230,"seo":231,"stem":232,"tag":233,"__hash__":234},"cities\u002Fcities\u002Fvisalia.md","Visalia",{"type":7,"value":212,"toc":224},[213,217],[61,214,216],{"id":215},"ai-in-visalia","AI in Visalia",[66,218,219,220,223],{},"Visalia's AI footprint is grounded in the practical adoption stories that come with a Tulare County economy built around agriculture, food processing, and rural healthcare. ",[70,221,222],{},"College of the Sequoias"," and the surrounding K-12 districts anchor the education conversation. The articles below cover Visalia-area AI developments and the Tulare County context, with a focus on applied uses rather than research or model development.",{"title":10,"searchDepth":11,"depth":11,"links":225},[226],{"id":215,"depth":11,"text":216},"Tulare County","Visalia is the largest city in Tulare County and a center for agriculture, healthcare, and county-government services in the southern Central Valley. Coverage on this page tracks how AI is being adopted across Tulare County's schools, hospitals, ag operations, and small business community.",{},"\u002Fcities\u002Fvisalia",{"title":210,"description":10},"cities\u002Fvisalia","visalia","gN4g7aAl-cqD4FfSTgtTAarltUoKLh8NFlPzCbZngqU",{"id":236,"title":237,"archived":238,"author":239,"body":240,"date":355,"dateModified":355,"description":356,"extension":13,"meta":357,"navigation":21,"path":358,"rawbody":359,"seo":360,"sitemap":361,"stem":362,"tags":363,"__hash__":367},"news\u002Fnews\u002Fai-stock-selloff-drives-treasury-yields-to-biggest-monthly-drop-since-2023.md","AI stock selloff drives Treasury yields to biggest monthly drop since 2023",false,"CVAI Newsdesk",{"type":7,"value":241,"toc":348},[242,246,250,266,269,272,275,279,282,285,288,292,295,298,301,305,308,311,314,317,320,335,338,342],[243,244,237],"h1",{"id":245},"ai-stock-selloff-drives-treasury-yields-to-biggest-monthly-drop-since-2023",[61,247,249],{"id":248},"key-takeaways","Key Takeaways",[251,252,253,257,260,263],"ol",{},[254,255,256],"li",{},"Reuters reported Oct. 30 that U.S. Treasury yields were on track for their biggest monthly fall since late 2023.",[254,258,259],{},"A sharp selloff in tech stocks over fears about AI spending pushed investors toward government bonds.",[254,261,262],{},"The 10-year Treasury yield closed Oct. 30 at 4.94%. Mortgage markets watch that benchmark closely.",[254,264,265],{},"Amazon and Intel quarterly results disappointed investors Oct. 29, and the bond rally kept going into Friday.",[66,267,268],{},"The 10-year Treasury yield closed Friday, Oct. 30, at 4.94%. Mortgage lenders watch that number more closely than any other in the bond market. It fell for much of October because investors got nervous about how much money is going into artificial intelligence. For anyone in Fresno, Modesto or Bakersfield shopping for a home loan, the month's bond rally was an AI story.",[66,270,271],{},"U.S. Treasuries rallied Friday, and yields were on track for their biggest monthly fall since late 2023, Reuters reported. The wire service said a sharp selloff in tech stocks over fears about AI spending pushed investors toward safer assets.",[66,273,274],{},"When stocks get scary, money looks for a place to hide. This month it found bonds.",[61,276,278],{"id":277},"what-changed-this-week","What changed this week",[66,280,281],{},"The latest push came Thursday afternoon. Amazon and Intel reported quarterly results that disappointed investors minutes after the U.S. stock market closed, according to Bloomberg, and Treasuries kept climbing from there. During the Asia session the 10-year yield fell as much as five basis points to 4.89%. It was last that low on Sept. 10. (A basis point is one-hundredth of a percentage point.)",[66,283,284],{},"It didn't last all day. The rally stalled in U.S. trading when oil prices jumped, Bloomberg reported, since higher oil can keep inflation elevated.",[66,286,287],{},"The 30-year yield dropped to about 5.26%, a one-month low, according to the trading news site investingLive.",[61,289,291],{"id":290},"how-the-month-built","How the month built",[66,293,294],{},"October didn't start this way. Earlier in the month yields had climbed to multi-year highs, Bloomberg reported, and traders at one point priced in about a 50% chance that the Federal Reserve would raise rates in October.",[66,296,297],{},"Then AI shares started sliding. In mid-October the 10-year yield fell about 17 basis points in a single week while the Nasdaq 100 index dropped 5.5%, according to Bloomberg. On Oct. 22, Treasuries had their best day in more than two years as the rout in AI-related shares deepened. Market turmoil in France and tensions in the Middle East added to the rush for safety.",[66,299,300],{},"The bond market has its own stake in the AI build-out. Investment-grade companies, led by the biggest tech firms, have sold about $1.7 trillion in bonds this year, up about 29% from a year earlier, according to Bloomberg figures cited in a market commentary.",[61,302,304],{"id":303},"what-it-means-in-the-valley","What it means in the Valley",[66,306,307],{},"You don't have to own a share of Amazon to feel this.",[66,309,310],{},"The link is borrowing costs. A real estate news site called the Oct. 30 close a modest improvement for the mortgage market \"after a month of sharp swings.\" For a family in Stockton or Visalia trying to lock in a rate, that's the number to watch.",[66,312,313],{},"The break may not last. Traders still expect one Fed rate increase by the end of the year and another in 2027, Bloomberg reported. Oil prices, which pushed back against Friday's rally, are still a wild card. And nobody has said yet whether the selling in AI stocks is over.",[66,315,316],{},"The shift was already clear by mid-October, when Treasuries led a global bond rally as the selloff in AI shares deepened.",[66,318,319],{},"\"Risk-off is in the driving seat as tech sells off,\" said Erik Liem, a rates strategist at Commerzbank.",[66,321,322],{},[323,324,325,326,328,329,334],"em",{},"Central Valley AI is produced by the ",[70,327,239],{}," team and developed by ",[330,331,37],"a",{"href":38,"rel":332},[333],"nofollow",", a regional firm that builds, deploys, and integrates AI solutions for businesses across California's Central Valley.",[336,337],"hr",{},[61,339,341],{"id":340},"source","Source",[66,343,344],{},[330,345,346],{"href":346,"rel":347},"https:\u002F\u002Fwww.fresnobee.com\u002Fnews\u002Fnation-world\u002Fnational\u002Farticle317843519.html",[333],{"title":10,"searchDepth":11,"depth":11,"links":349},[350,351,352,353,354],{"id":248,"depth":11,"text":249},{"id":277,"depth":11,"text":278},{"id":290,"depth":11,"text":291},{"id":303,"depth":11,"text":304},{"id":340,"depth":11,"text":341},"2026-11-02","Investors moved into government bonds in October as fears over AI spending hit tech stocks. That pushed down the 10-year yield, the benchmark mortgage markets watch most closely.",{},"\u002Fnews\u002Fai-stock-selloff-drives-treasury-yields-to-biggest-monthly-drop-since-2023","---\nauthor: CVAI Newsdesk\ndate: '2026-11-02'\ndateModified: '2026-11-02'\ndescription: Investors moved into government bonds in October as fears over AI spending\n  hit tech stocks. That pushed down the 10-year yield, the benchmark mortgage markets\n  watch most closely.\ntags:\n- markets\n- finance\n- housing\ntitle: AI stock selloff drives Treasury yields to biggest monthly drop since 2023\n---\n\n# AI stock selloff drives Treasury yields to biggest monthly drop since 2023\n\n## Key Takeaways\n\n1. Reuters reported Oct. 30 that U.S. Treasury yields were on track for their biggest monthly fall since late 2023.\n2. A sharp selloff in tech stocks over fears about AI spending pushed investors toward government bonds.\n3. The 10-year Treasury yield closed Oct. 30 at 4.94%. Mortgage markets watch that benchmark closely.\n4. Amazon and Intel quarterly results disappointed investors Oct. 29, and the bond rally kept going into Friday.\n\nThe 10-year Treasury yield closed Friday, Oct. 30, at 4.94%. Mortgage lenders watch that number more closely than any other in the bond market. It fell for much of October because investors got nervous about how much money is going into artificial intelligence. For anyone in Fresno, Modesto or Bakersfield shopping for a home loan, the month's bond rally was an AI story.\n\nU.S. Treasuries rallied Friday, and yields were on track for their biggest monthly fall since late 2023, Reuters reported. The wire service said a sharp selloff in tech stocks over fears about AI spending pushed investors toward safer assets.\n\nWhen stocks get scary, money looks for a place to hide. This month it found bonds.\n\n## What changed this week\n\nThe latest push came Thursday afternoon. Amazon and Intel reported quarterly results that disappointed investors minutes after the U.S. stock market closed, according to Bloomberg, and Treasuries kept climbing from there. During the Asia session the 10-year yield fell as much as five basis points to 4.89%. It was last that low on Sept. 10. (A basis point is one-hundredth of a percentage point.)\n\nIt didn't last all day. The rally stalled in U.S. trading when oil prices jumped, Bloomberg reported, since higher oil can keep inflation elevated.\n\nThe 30-year yield dropped to about 5.26%, a one-month low, according to the trading news site investingLive.\n\n## How the month built\n\nOctober didn't start this way. Earlier in the month yields had climbed to multi-year highs, Bloomberg reported, and traders at one point priced in about a 50% chance that the Federal Reserve would raise rates in October.\n\nThen AI shares started sliding. In mid-October the 10-year yield fell about 17 basis points in a single week while the Nasdaq 100 index dropped 5.5%, according to Bloomberg. On Oct. 22, Treasuries had their best day in more than two years as the rout in AI-related shares deepened. Market turmoil in France and tensions in the Middle East added to the rush for safety.\n\nThe bond market has its own stake in the AI build-out. Investment-grade companies, led by the biggest tech firms, have sold about $1.7 trillion in bonds this year, up about 29% from a year earlier, according to Bloomberg figures cited in a market commentary.\n\n## What it means in the Valley\n\nYou don't have to own a share of Amazon to feel this.\n\nThe link is borrowing costs. A real estate news site called the Oct. 30 close a modest improvement for the mortgage market \"after a month of sharp swings.\" For a family in Stockton or Visalia trying to lock in a rate, that's the number to watch.\n\nThe break may not last. Traders still expect one Fed rate increase by the end of the year and another in 2027, Bloomberg reported. Oil prices, which pushed back against Friday's rally, are still a wild card. And nobody has said yet whether the selling in AI stocks is over.\n\nThe shift was already clear by mid-October, when Treasuries led a global bond rally as the selloff in AI shares deepened.\n\n\"Risk-off is in the driving seat as tech sells off,\" said Erik Liem, a rates strategist at Commerzbank.\n\n*Central Valley AI is produced by the **CVAI Newsdesk** team and developed by [Kaweah Tech](https:\u002F\u002Fkaweah.tech), a regional firm that builds, deploys, and integrates AI solutions for businesses across California's Central Valley.*\n\n---\n\n## Source\n\nhttps:\u002F\u002Fwww.fresnobee.com\u002Fnews\u002Fnation-world\u002Fnational\u002Farticle317843519.html\n",{"title":237,"description":356},{"loc":358},"news\u002Fai-stock-selloff-drives-treasury-yields-to-biggest-monthly-drop-since-2023",[364,365,366],"markets","finance","housing","_VXkkWgSqBRVKJe7Z_py_Vh6LZzUt642uwNP_dIEBYk",1793621698077]