Why markets across the globe are falling
The sell-off in US Treasuries has caused 30-year yields to reach 5% for the first time since 2007, leading to shockwaves in global financial markets. This has also impacted the Indian stock market, with the BSE Sensex falling and Nifty ending lower. The rise in US bond yields has led to continuous selling by foreign institutional investors (FIIs) and increased pressure on domestic stocks.
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