
US Treasury Yield Spike Wipes 19.5% From Broadcom as Global Tech Stocks Reel
Broadcom lost 19.5% between June 3–5, 2026, as the US 2-year Treasury yield hit a 16-month high — triggering a synchronized selloff across global tech markets despite strong AI demand signals. NVIDIA fell 6% in a single session, Meta shed 6%, and the leveraged FNGU ETF collapsed 22%. Dell's $24 billion in AI server bookings for Q1 suggests the drop reflects rate pressure, not an AI spending reversal.





