Stocks Continue to Slide as Investors Notice Rising Bond Yields

The global bond rout finally caught Wall Street's attention — the Nasdaq dropped 1.3% as semis plunged 5%, with the U.S. 30-year yield hitting 5.33% (highest since 2007). Mark and Phil unpack the bond selloff spreading across Japan, Germany, the UK and France, and why Google's new 7%+ kangaroo bond might be a better bet than Treasuries.On the ASX, earnings dominated: CSL stopped the bleeding, BHP lifted its dividend, Judo Bank surged to $1.15, and ProMedicus took investors on a wild $40 ride. Today's slate includes Evolution Mining, Santos, Breville, and Whitehaven Coal.Plus: oil near $92 as the Hormuz standoff drags on, the diesel crack spread above $100/barrel for the first time, and details on the upcoming "Next Phase of AI" webinar and Mark's new Livewire article.Register for the webinar: mpcinvest.co/webinarsWebsite: mpcmarkets.com.auGeneral information only — not financial advice.