Global Stocks Sink On Rising Bond Yields Ahead Of Critical US Reports =============== #76cf07ec ver:1.24 Global stocks sink as rising bond yields ahead of critical US reports cause concern. Asian shares down, with the Asia Dow, Nikkei, and Hang Seng all experiencing losses. Dow Futures and Nasdaq Futures also down. Higher bond yields make bonds more attractive, leading to higher interest rates and increased borrowing costs for corporations. Stubbornly high inflation and debt issuing contribute to rising bond yields. Traders await US government data on GDP and PCE to gain insights into inflation. Positive outlook on US equities, especially in AI sector. #StockMarket #BondYields #Inflation #GDP #PCE... #newstr #GlobalStocks #BondYields #UsReports #Correction #Inflation #InterestRates #EconomicGrowth #StockPrices #ArtificialIntelligence https://here.news/story/76cf07ec?ver=1.24