96FINANCE
⚡ Markets: Rising yields increase the discount rate for future earnings, pressuring equity valuations, especially for growth and tech stocks. It also raises the cost of capital globally, potentially slowing economic activity. Bearish for bonds and equities.US10YJGBBundGilt
Government bond yields in the US, Japan, UK, and Eurozone have risen sharply, with Japan's 10-year yield hitting 3% for the first time in three decades. The sell-off is driven by fears that surging oil prices from the Mideast conflict will keep inflation elevated, forcing central banks to maintain tight monetary policy.
West MSM 9Financial press 24West Right 1Google Non-West 4Google West 10Regional 113 countries
49 sources across the spectrum