
Broadcom Drops 19.5%, NVIDIA Falls 6% as 2-Year Treasury Yield Hits 16-Month High
A five-day tech selloff erased hundreds of billions in market value, with Broadcom losing 19.5% and leveraged AI ETF FNGU falling 22%. The US 2-year Treasury yield spiked to a 16-month high on June 5, 2026 — the same day losses accelerated — even as AI earnings data remained intact.



