Global Bond Yields Hit Multi-Decade Highs, Stocks Slide
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- Global bond yields hit multi-decade highs, with long-term borrowing costs reaching their highest levels in decades across coverage from WSJ, Bloomberg, and CNBC.
- Nasdaq futures slid as stocks were jolted alongside bonds, with CNBC framing the move as governments paying the price for the U.S.-Iran stalemate.
Why it matters: Long-term borrowing costs at multi-decade highs mean governments face their most expensive borrowing environment in decades. Nasdaq's slide confirms the bond rout is now spilling into equities, broadening the selloff beyond fixed income.
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