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Asian Markets Brace for Decline as US Treasury Yields Spike on Inflation Concerns

Asian equity markets face pressure following a broad Wall Street selloff triggered by surging inflation expectations. US 30-year Treasury yields climbed to their highest level since 2007 as investors grew increasingly concerned about persistent price pressures. The bond market rout rippled across global debt markets, weighing particularly on technology stocks. Chipmakers led the decline as traders reassessed valuations in the rising rate environment. Central bank policy responses to inflation remained a focal point for market participants. The shift underscored mounting anxiety about the sustainability of recent equity market gains amid geopolitical uncertainties fueling inflationary pressures.