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The Economic Times

Business / The Economic Times

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Global markets rattled as bond yields surge, offsetting AI-stock optimism

Global bond market volatility led to declines in stock indexes, with the S&P 500 on track for consistent losses. Oil prices rose, contributing to persistent inflation, while economic reports indicated US resilience despite challenges. The 10-year Treasury yield hovered near a 2002 high, raising concerns for real-estate stocks. Technology stocks demonstrated some strength, aided by Micron Technologys better-than-expected quarterly profit.

1 Oct 2026 10:42 pm