Global Markets Slide as Interest Rate Concerns Mount
TL;DR
A weak sale of US Treasuries has raised concerns about funding the US deficit, driving up yields and dragging down stocks. The Federal Reserve's reluctance to cut rates amid persistent inflation is adding to market uncertainties.
- Stock Market Today: Dow, S&P Live Updates for May 29 Bloomberg
- Asian Stocks Slip as Traders Weigh Bond Selloff: Markets Wrap (Bloomberg) Yahoo Finance
- Hong Kong stocks lead losses in Asia Pacific after Wall Street tumbles on rate worries CNBC
- Stock market today: Asian shares track Wall Street's slide on worries over interest rates The Associated Press
- Morning Bid: Markets cool off, Japan inflation on tap Reuters.com
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