# Tech and SaaS Stocks Bounce Back as Treasury Yields Drop

- URL: https://stocks.freetheai.org/news/tech-and-saas-stocks-bounce-back-as-treasury-yields-drop-73842b
- Published: 2026-10-15T18:35:46Z
- Category: technology; sentiment: mixed; impact: medium
- Symbols: [NASDAQ:MNDY](https://stocks.freetheai.org/symbols/NASDAQ-MNDY), [NASDAQ:CMRC](https://stocks.freetheai.org/symbols/NASDAQ-CMRC), [NYSE:DOCN](https://stocks.freetheai.org/symbols/NYSE-DOCN), [NYSE:CXM](https://stocks.freetheai.org/symbols/NYSE-CXM), [NASDAQ:FSLY](https://stocks.freetheai.org/symbols/NASDAQ-FSLY)
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Software-as-a-service and broader technology equities rebounded during afternoon trading as a pullback in benchmark 10-year Treasury yields drew investors back into high-growth stocks. Lower Treasury yields ease pressure on long-term valuations, restoring confidence following a sharp sell-off driven by concerns over artificial intelligence spending and sector debt burdens.

Among the gainers, monday.com Ltd. (NASDAQ:MNDY) surged 7.23% to $93.79, while Commerce.com, Inc. (NASDAQ:CMRC) climbed 7.77% to $3.535 and Sprinklr, Inc. Class A (NYSE:CXM) gained 3.64% to $5.835. Conversely, DigitalOcean Holdings, Inc. (NYSE:DOCN) fell 4.45% to $104.40 and Fastly, Inc. Class A (NASDAQ:FSLY) dropped 4.48% to $23.88.

The advance in monday.com comes after recent downward pressure from an analyst rating cut to Equalweight with a $100 price target. While annual recurring revenue from artificial intelligence features is expanding rapidly, it accounts for only about 1% of total ARR and has not fully offset moderating growth in the main business. The stock remains down 34.7% since the start of the year and trades below its 52-week peak of $205.24.

Investors will continue monitoring broader interest rate movements and evaluating how effectively software companies convert heavy artificial intelligence investments into bottom-line profits.

## Key points

- Software and technology stocks rebounded as falling 10-year Treasury yields attracted buyers following an AI-driven market pullback.
- monday.com Ltd. (NASDAQ:MNDY) gained 7.23% to $93.79, while Commerce.com, Inc. (NASDAQ:CMRC) rose 7.77% to $3.535.
- DigitalOcean Holdings, Inc. (NYSE:DOCN) fell 4.45% and Fastly, Inc. Class A (NASDAQ:FSLY) dropped 4.48%.
- An analyst recently downgraded monday.com to Equalweight, noting that artificial intelligence revenue currently accounts for roughly 1% of annual recurring revenue.

## Questions and answers

### Why did software and technology stocks rebound today?

Technology equities rebounded as benchmark 10-year Treasury yields pulled back, encouraging dip-buyers to return to high-growth software stocks following a sharp sell-off.

### Why did monday.com shares increase?

monday.com Ltd. shares rose 7.23% as lower Treasury yields boosted sentiment across tech stocks, recovering from a recent analyst downgrade that cited slowing core growth.