Global Stocks Fall as Bond Yields Hit New Highs

Global stock markets declined as bond yields rose, with the 10-year U.S. Treasury yield reaching 5.03%, a level not seen since 2023. The S&P 500 futures fell 0.59%, and European and Asian indices also dropped. The selloff is driven by concerns over U.S. government debt risk and persistent inflation, with Brent crude oil at $107 per barrel.