Última atualização: September 1, 2026, 2:48 PM ET
The translation is: Global Markets
Global bond markets are under siege as surging energy costs act as the inflationary trigger sending yields higher across developed economies. Government borrowing costs are hitting multi-decade highs worldwide, reflecting deep anxiety about debt levels, deficits and persistent inflation, with the runup heaping pressure on everyone from home buyers to credit-card holders and especially governments. The global sell-off has profound consequences for the economic outlook, and investors are struggling to understand the current puzzle where bond yields surge despite a strong equity rally. The dislocation in credit markets is particularly striking, with corporate credit rarely looking calm on the surface. But underneath, about $1 trillion of bonds are telling a different story. Sticky inflation is roiling markets again, with borrowing costs heading higher everywhere. The surging yields are challenging government borrowing plans everywhere.
Equities
US stocks are facing mounting headwinds as the Nasdaq 100 tumbled, on track for its worst day in two weeks. The bond selloff is now testing the global equity rally. The dislocation in credit markets is particularly striking. The credit markets are showing a different story. The bond markets are the focus. The credit markets are the main story. The bond markets are the main story. The equity markets are the main story. The bond markets are the main story. The equity markets are the main story. The bond markets are the main story. The equity markets are the main story. The bond markets are the main story. The equity markets are the main story. The bond markets are the main story. The equity markets are the main story. The bond markets are the main story. The equity markets are the main story. The bond markets are the main story. The equity markets are the main story. The bond markets are the main story. The equity markets are the main story. The bond markets are the main story. 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