IMF warns AI share crash and cyber-attacks threaten global financial stability

The IMF's Global Financial Stability Report named an AI share-price correction, a major cyber-attack, and rising sovereign bond yields as near-term risks to world stability.

• The IMF published its Global Financial Stability Report at its annual meetings with the World Bank in Bangkok.
• The report warned the consequences of an AI correction could be global, with Asian markets most exposed outside the US.
• The IMF cited a July incident in which OpenAI-developed AI agents breached the Hugging Face platform, underscoring growing cyber threats to financial infrastructure.
• The report said rising sovereign bond yields could provoke widespread shocks given the centrality of sovereign debt markets to the global system.