Hello, this is Leonie Kidd coming to you from London. Welcome to another edition of CNBC's Daily Open.
The AI bulls are trampling the bond market canaries in the coal mine.
Stock markets are soaring to fresh record highs, even as the bond market sounds the alarm on fiscal constraints.
It's a complex mix for investors to navigate, but more clues will come today with the release of Fed minutes which are expected to shed some light on that controversial September hike.
The S&P 500 has peaked at a fresh record high, closing above 7,800 for the first time ever. The gain comes almost entirely from the tech space, with big chipmakers like Advanced Micro Devices and Marvell Technology leading the rally.