U.S. Treasury yields soar, deal a heavy blow to the stock market; chip sector leads the decline

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ME News Report, May 16 (UTC+8), U.S. bond yields surged sharply on Friday, dampening investor interest in stocks as markets worry that ongoing tensions in the Middle East will exacerbate inflation. The yield on the 10-year U.S. Treasury rose to 4.595%, the highest since February 2025, and posted the largest single-day gain in over a year. The 30-year U.S. Treasury yield increased to 5.127%, the highest closing level since July 2007. The three major U.S. stock indices all declined significantly, with chip stocks in the U.S. and abroad, which had surged over the past month, becoming some of the hardest-hit sectors. Amid these market movements, oil prices continued to climb, reigniting concerns about inflation. Previously, Trump stated regarding the Strait of Hormuz that even if energy inventories are decreasing, the U.S. does not need the waterway to remain open. Overseas markets also performed poorly, especially the previously strong-performing Korean KOSPI index, which fell more than 6%. Japan’s Nikkei 225 also declined sharply, with the Japanese 10-year government bond yield closing at its highest level since 1997 after a significant rise in producer prices in April. (Source: Jin10)
JPN225-0.99%
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GateUser-715706bb
· 11h ago
Overseas markets are fully green; can the A-shares market have an independent trend tomorrow?
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YieldTuningFork
· 12h ago
The Strait of Hormuz is closed, and the crude oil supply chain will be tight.
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GateUser-9076f8b9
· 12h ago
10-year 4.595%, how are friends holding until maturity?
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ColdWalletFitnessCoach
· 12h ago
Inflation ghosts linger, and oil prices are causing more trouble again
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GateUser-9187acf1
· 12h ago
Japanese government bond yields have returned to 1997 levels; feels a bit historic.
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GateUser-35b998a0
· 12h ago
Is the yield on U.S. debt crazy? It’s been above 5% for 30 years.
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