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Global shares fell as rising oil prices and stubbornly high bond yields weighed on markets, while tech sector debt and AI investments raise concerns.
After weeks of volatility, forecasters see signs the bond rout might be over, including easing oil prices and oversold conditions.
European shares fell as banks hit over three-month lows amid rising bond yields and oil prices. Investors worried persistent inflation could constrain central bank rate cuts and hurt growth, while markets awaited ECB, Federal Reserve and Bank of England signals.