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Story summary
- U.S. investors moved into Treasury bonds as AI stocks plunged, reviving haven status.
- The bond-AI inverse gauge reached levels not seen since a year ago.
- Short-term yields fell up to 20 basis points, marking the best day in over a year.
- Benchmark 10-year yield rose two basis points to 4.97% as defensive positioning grew.
- Brent crude climbed above $113 a barrel amid France unrest, Middle East tension and Saudi attacks.