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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Asian shares track Wall Street's retreat as bond markets crank up the pressure

United States Home Depot Nvidia Oil Stock Market
South Korea Financial Markets - (Copyright 2026 The Associated Press. All rights reserved.)

Asian shares were mostly lower on Wednesday as rising bond yields cranked up pressure on stocks and other investments, undermining the AI-driven rally in technology shares.

Bond yields have been climbing as the war with Iran drags on, raising worries over prolonged higher inflation.

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