Premarket: Global shares drop as bond yields jump on inflation worries

Global shares tumbled as inflation fears pushed bond yields higher and increased expectations for interest rate hikes this year. The move signals a broad risk-off shift, with tech-driven euphoria giving way to tighter monetary policy concerns. This is market-wide and likely to pressure equities, especially rate-sensitive growth stocks.

Analysis

Global shares tumbled as inflation fears pushed bond yields higher and increased expectations for interest rate hikes this year. The move signals a broad risk-off shift, with tech-driven euphoria giving way to tighter monetary policy concerns. This is market-wide and likely to pressure equities, especially rate-sensitive growth stocks.