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SINGAPORE: Global bond yields hovered near their highest for decades on Wednesday, as fears over swelling sovereign debt pushed borrowing costs higher and rattled stock markets worldwide.
We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.
Indian shares were expected to open little changed on Wednesday , with elevated crude oil prices and rising global bond yields weighing on appetite for risk assets. GIFT Nifty futures were at 24,202.5 points, as of 7:19 a.m. IST, indicating a muted start for the benchmark Nifty 50 index, which closed at 24,154.9 on Tuesday.
Higher yields raise hyperscalers' borrowing costs, raising concerns over capital spending and AI infrastructure companies.
Higher yields raise hyperscalers' borrowing costs, raising concerns over capital spending and AI infrastructure companies.
