Klein: AI investment growth impulse should drive up risk-free bond yields
Matthew C. Klein · They Called The Trade Wars & China's Housing Crash | Nikhil Kamath | WTF is Finance Ep 4 · Nikhil Kamath · Jul 28, 2026 · at 31:16
Economist Matthew C. Klein explains how AI capital expenditure and productivity growth affect baseline risk-free bond yields.
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“If you think that in fact there is this sort of growth impulse from AI related investment, I would think that would increase the returns on risky assets, which means that non-risky assets should pay more compensation, which means yields should go up.”
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