Robotaxi Race Heats Up as Global Bond Selloff Accelerates

Bullish Gator

US manufacturing stays resilient; USD/JPY hits 160 as global bond selloff accelerates, rattling investors. Autonomous driving race speeds up ahead of Tesla’s Cybercab event.

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What stands out

Tuesday's final takeaways highlighted two stories that can move portfolios: the robotaxi race is accelerating ahead of Tesla's Cybercab event Thursday, and a global bond selloff pushed the U.S. dollar to Japanese yen trade to 160, rattling cross-border capital flows. Schwab anchors Marley Kayden and Sam Vadas noted how a product demo can change sentiment quickly even when company fundamentals look messy, and reminded viewers that higher yields make speculative, long-duration profits less valuable. For Tesla holders this sets up a classic drama, narrative versus cash flow.