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Treasuries head for best week since February as AI jitters halt bond rout

Borrowing costs fall back from highest levels in decades as investors seek safety in government debt

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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National debt

The total amount a government owes to lenders, built up from past budget deficits.

High debt means more tax money goes to interest payments instead of services.

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