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Premarket: Global stocks slide on energy shock concerns, global yields hit fresh highs

Source: The Globe and Mail

Market Technicals & FlowsInterest Rates & YieldsEnergy Markets & PricesInflation

Global equities fell on Tuesday following the prior session's selloff, while U.S. Treasury yields reached their highest level since 2007. Oil prices holding above $100 per barrel raised concerns that a renewed energy shock could intensify inflation pressures and sustain higher-for-longer interest rates.

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