Stock Jitters Have Strategists Eyeing 3.8% on Treasury Yields A global equity selloff is driving a flight to safety into U.S. Treasuries, sharpening debate over how low yields can fall: DBS Bank projects the 10-year yield could drop to about 3.8% from ~4.07% if stocks keep ities sees 3.50% by late 2026. Concerns over stretched tech valuations have rattled markets worldwide, with Wall Street leaders like Morgan Stanley’s Ted Pick and Goldman Sachs’ David Solomon warning of further declines. Treasuries rallied across the curve Wednesday, pushing the 10-year to a one-week low, with 10-year yields in Australia, New Zealand, and Japan also edging down. TD’s Prashant Newnaha cited CEO caution on valuations and capex, the risk of a U.S. government shutdown, soft data, and thin liquidity as catalysts for extended risk-off and stronger bond demand. The tech rout erased about $500 billion from the Philadelphia Semiconductor Index and a Bloomberg Asia chip stock gauge over two days. Saxo’s Charu Chanana framed the rally as positioning-driven amid an “AI unwind,” not yet a macro turning point. mktnews.com/flashDetail.ht…