Premarket: Bond yields pause near recent peak, stocks steady ahead of Nvidia results

Stock markets were flat as bond yields held just below multi-year highs, keeping inflation and rate-pressure concerns in focus. War-driven inflation fears are weighing on risk sentiment, and elevated yields are clouding expectations for Nvidia’s results later in the day. The note is broadly market-negative but largely reflects a pause rather than a fresh shock.

Analysis

Stock markets were flat as bond yields held just below multi-year highs, keeping inflation and rate-pressure concerns in focus. War-driven inflation fears are weighing on risk sentiment, and elevated yields are clouding expectations for Nvidia’s results later in the day. The note is broadly market-negative but largely reflects a pause rather than a fresh shock.