U.S. Treasury yields soar, heavily impacting the stock market; chip sector leads the decline

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ME News: On May 16 (UTC+8), U.S. Treasury yields surged sharply on Friday, dampening investors’ interest in stocks, as markets worried that the continued deadlock in the Middle East would further worsen inflation. The yield on the U.S. 10-year Treasury jumped to 4.595%, the highest level since February 2025, and marked the largest single-day gain in more than a year. The yield on the U.S. 30-year Treasury rose to 5.127%, the highest closing level since July 2007. All three major U.S. stock indexes closed notably lower. Chip stocks in the U.S. and overseas, which had risen sharply over the past month, became one of the hardest-hit sectors. Against the backdrop of these market moves, oil prices continued to climb, reigniting concerns about inflation. Earlier, Trump said regarding the Strait of Hormuz that even if energy inventories are declining, the U.S. does not need the waterway to remain open. Overseas stock markets also underperformed, especially the previously strong South Korea’s KOSPI index, which fell by more than 6%. Japan’s Nikkei 225 also dropped sharply, with the yield on Japan’s 10-year government bond closing at its highest level since 1997 after a sharp rise in producer prices in April. (Source: Jin10)
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DexterRamen
· 19h ago
Japan’s government bond yields hit the highest level since 1997—has Abenomics finally come to a complete end?
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LateAlphaCourier
· 19h ago
10-year 4.6%, funding costs soar, growth stocks find it hardest to withstand
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MevTeaBreak
· 19h ago
Chip stocks are suffering along with it, my holdings.
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MintConditionMax
· 19h ago
Hormuz is not open, oil prices are still rising, a double blow
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CalmWarehouseUnderTheAurora
· 20h ago
How long will this inflation horror story go on?
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GateUser-2100b43b
· 20h ago
Korean and Japanese stock indices plummet, triggering a chain reaction in Asian markets
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K-LineSocialAnxiety
· 20h ago
The trend of U.S. Treasury yields, it feels like the market can't hold on much longer.
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