Swings in the Bond Market Shake Stock Markets Worldwide, as AI Optimism Supports Wall Street
The 10-year Treasury yield neared 5.34% as investors weighed higher borrowing costs against stronger AI-driven earnings.
- On Thursday, rising bond yields rattled global stock markets, offsetting artificial-intelligence optimism. The 10-year Treasury yield briefly neared 5.34% on Wednesday before pulling back to 5.25%, remaining near its highest level since 2002.
- Multiple factors drive yield increases, including high inflation, solid economic signals, and government spending concerns. Brent crude prices climbed 3.7% to $101.61 on Thursday as uncertainty about the war with Iran continues pressuring inflation.
- Technology stocks gained ground after Micron Technology reported stronger-than-expected earnings and raised growth forecasts. Accenture leaped 17.3% following solid profit, though the broader S&P 500 slipped 0.3% amid persistent bond volatility.
- Rising borrowing costs pressured real estate owners, with Alexandria Real Estate Equities falling 3.2%. European losses were sharper: the FTSE 100 sank 1.6% and the CAC 40 dropped 1.5% following overnight bond yield swings.
- Asian markets outperformed amid AI-driven optimism, with Japan's Nikkei 225 jumping 3.3% and South Korea's Kospi climbing 1.9%. These gains reflect continued demand for memory chips, contrasting with bond-related pressure elsewhere.
25 Articles
25 Articles
Idaho Press
Swings in the bond market shake stock markets worldwide, as AI optimism supports Wall Street
More swings in the bond market rattled stock markets around the world. Thursday's moves were relatively modest on Wall Street after U.S. bond yields cranked higher but then gave back the gains later in the day. The S&P 500 rose…
Global markets rattled as bond yields surge, offsetting AI-stock optimism
Global bond market volatility led to declines in stock indexes, with the S&P 500 on track for consistent losses. Oil prices rose, contributing to persistent inflation, while economic reports indicated US resilience despite challenges. The 10-year Treasury yield hovered near a 2002 high, raising concerns for real-estate stocks. Technology stocks demonstrated some strength, aided by Micron Technology’s better-than-expected quarterly profit.
Cherokee Tribune Ledger News
More swings for bond yields rattle financial markets worldwide
More swings in the bond market are rattling stock markets around the world and offsetting optimism that the artificial-intelligence industry can keep climbing. The S&P 500 slipped 0.3% Thursday and may be heading toward its seventh loss in eight days.…
News 4 JAX
More swings for bond yields shake up Wall Street, rattle financial markets worldwide
More swings in the bond market are shaking up stocks on Wall Street.
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