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Nasdaq Index: Can AI Stocks Withstand $90 Oil and a Global Bond Rout?
FX Empire· 2026-09-02 03:18
The U.S. 10-year climbed near 4.79%, a 20-month high. That number alone pressures growth stocks. Tuesday it was not alone. Japan’s 10-year government bond yield crossed 3% for the first time in three decades. U.K. 10-year gilt yields moved to levels not seen since the financial crisis. German yields pushed to a 15-year high.The Nasdaq can handle high U.S. yields for a stretch if the rest of the world’s bond markets are stable. That is not what happened Tuesday. Government bonds are selling across every majo ...