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Global Bond Yields Surge as Oil Prices Fuel Inflation Worries

Global bond yields surged Tuesday as renewed tension between the U.S. and Iran reinforced inflation expectations, which increased the prospect of interest-rate hikes in the coming months.

Global Bond Yields Surge as Oil Prices Fuel Inflation Worries

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Shein IPO leaves some private backers facing 73% valuation reset

Shein’s long-awaited public listing has delivered a stark valuation reset for some of the private investors that backed the fast-fashion retailer during its rapid expansion, according to a report by…

  • Shein's IPO valued at $1.7 billion, 73% lower than 2022 valuation
  • Private backers like Boyu Capital, Coatue Management facing losses
  • Early investors like Sequoia China benefit from valuation climb

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