Global Market Turbulence as U.S. Treasury Yields Surge

World stocks fell for the second consecutive day due to rising U.S. Treasury yields before inflation data release. Concerns about higher yields and potential Federal Reserve policy impacts are evident, while U.S. and other global markets also declined. Currency and commodity markets react amid geopolitical financial developments.

World stocks experienced another day of decline on Wednesday, influenced by the rise in U.S. Treasury yields. The MSCI all-country world index sank 0.17%, with Europe and Asia posting losses following Tuesday's setbacks.

U.S. futures showed slight decreases, as Tuesday saw sharp upticks in Treasury yields. The 10-year yield increased by 12 basis points, reaching its zenith since late July, following the Veterans Day holiday market closure.

These developments coincide with economic optimism tied to President Trump's recent election, particularly his fiscal policies anticipated to spur inflation and possibly hinder lower Federal Reserve interest rates imminently.

(With inputs from agencies.)