Global bond yields reach multi-decade highs, impacting stocks
pre-market1 source ↓written by the desknot a recommendation
A global selloff in long-dated bonds has pushed yields to multi-decade highs, cooling the AI-led rally. Japan's 30-year bond yield hit a record, while Germany's and the UK's reached their highest levels since 2011 and 1998, respectively. This rise in yields is tightening financial conditions, affecting rate-sensitive sectors like tech, with the Philadelphia Semiconductor Index down 2.5%.
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