Global Market Turbulence: A Bond, Dollar, and Stock Ballet
Global financial markets witness turbulence as bond yields fluctuate, the dollar holds steady, and stocks continue to decline. Concerns over UK economic health intensify, affecting global stock sentiment. Oil and gold prices wobble amid economic uncertainty and shifts in central bank policies.

Global markets experienced notable turbulence on Thursday, with bond yields fluctuating, the dollar maintaining strength, and stocks on a downward trajectory. The U.S. Treasury's 10-year yield eased slightly in Asia, while the Japanese and Australian bond yields mirrored similar movements.
The UK's bond market remained under scrutiny due to concerns about Britain's economic health, causing a spike in 10-year gilt yields. Despite these jitters, financial analysts see reassurances in the Bank of England's preparedness.
The dollar's boost, driven by signs of U.S. economic resilience, impacted global stock markets. Notably, the Nikkei and Australian stock indices saw declines, while oil and gold prices were pressured by dollar strength and inventory builds.
(With inputs from agencies.)
ALSO READ
RPT-US STOCKS-S&P 500 ends lower as investors digest Trump's auto tariffs
FOREX-Dollar hovers ahead of PCE and tariff onslaught
GLOBAL MARKETS-Asia stocks slide, gold hits record high on US tariffs
Trump Organization eyes multi-billion-dollar projects in Vietnam amid tariff risks
China, HK stocks drop as investors remain wary of US tariff risks