Reported about 6 hours ago
Increasing concerns over government finances in countries like Britain and Japan are starting to affect global markets, particularly bond markets, as major investors predict stress to spread to technology, housing, and currencies. Escalating long-term borrowing costs are impacting equity values, with analysts noting vulnerabilities in troubled nations' currencies and potential doom loops in yields. European markets are also experiencing negative sentiment influenced by France's financial troubles, while Japanese investors are shifting their focus to domestic stocks amidst rising inflation and changes in interest rate expectations.
Source: YAHOO