Global bond sell-off pressures stocks: AlphaCheck

A global bond sell-off is exerting significant pressure on equity markets, causing tech and chip stocks to slide. Rising government debt and inflation concerns have kept bond yields elevated, fueling market anxiety. This rout has specifically impacted chipmakers, dragging overall indices lower. Meanwhile, John Mowrey, CIO at NFJ Investment Group, has highlighted the current state of AI capex spending as equities previously reached all-time highs before this recent downturn triggered by the bond market volatility.