A sharp selloff in the world’s largest bond market sent shockwaves through the U.S. financial markets this week, leaving investors to ponder if that choppiness will persist throughout the new year.

U.S. stocks ended Wednesday little changed, with investors digesting the impact of two conflicting sets of jobs data and a report that said President-elect Donald Trump was mulling a national economic emergency declaration on inflation.

The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its workforce.

AI is changing what it takes to get a tech job on Wall Street. Recruiters told BI how candidates should adapt and what they need to do to stand out.

Global banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence.