{
  "id": 5038649,
  "title": "Equities: Global stocks extend declines as yields rise – Deutsche Bank",
  "url": "https://urgent.news/2026/09/02/equities-global-stocks-extend-declines-as-yields-rise-deutsche-bank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T06:54:32.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/equities-global-stocks-extend-declines-as-yields-rise-deutsche-bank-202609020654"
  },
  "original_language": "en",
  "account": "Global equities experienced a further decline as nominal and real yields rose, according to Deutsche Bank’s Jim Reid. US and European stocks fell, with losses spreading to Asia. US technology shares underperformed, while European declines were comparatively milder. Futures for major US and European indices indicated further weakness. In the US, the 10-year Treasury yield hit a post-2023 high of 4.80%, while Japan's 10-year yields surpassed 3% for the first time in 30 years. This surge in both nominal and real yields consequently impacted equities, with the S&P 500 and Stoxx 600 both falling. Asia's Nikkei and Kospi also saw notable declines. Higher yields, coupled with a surge in commodities, exacerbated the negative impact on equities, leading to losses across various US and European markets. While European markets closed before news of new US strikes against Iran, the Stoxx 600, FTSE 100, and CAC 40 experienced moderate declines. Asia's Nikkei, Kospi, and S&P/ASX 200 were notably weaker, with stronger-than-expected GDP data suggesting a possible interest rate hike by the RBA later in the year. The Hang Seng, CSI 300, Shanghai Composite, and other Asian indices also declined. The GBP/USD pair dropped near 1.3500 during early European trading, while the EUR/USD pair weakened to near 1.1575. Gold's value continued to fall due to surging US Treasury yields and rising oil prices. Bitcoin, Ethereum, and Ripple faced early weakening momentum, while diesel's crack spread reached a record high.",
  "summary": "Deutsche Bank’s Jim Reid notes that rising nominal and real yields pressured global equities, with US and European stocks falling and losses extending across Asia. US technology shares underperformed, while European declines were more moderate.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}