Asian stocks mirrored Wall Street’s decline as persistent inflation concerns drove Treasury yields to multi-year highs. Rising bond yields globally are raising questions about equity valuations, with investors now scrutinizing Nvidia’s earnings amid concerns the AI rally may have accelerated too quickly.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026