Finance

The bond market rout deepened as the 30-year U.S. Treasury yield surged to 5.2%, marking its highest point in nearly 19 years. Simultaneously, the benchmark 10-year yield rose to 4.67%, fueled by investor anxiety regarding energy price shocks and government deficits. These rising borrowing costs are beginning to weigh heavily on valuations for growth-oriented sectors and consumer credit markets.

Market participants are shifting their attention to chipmaker Nvidia, which is scheduled to release quarterly earnings on Wednesday. The report is viewed as a critical barometer for the artificial intelligence investment cycle, especially as recent software and semiconductor stocks have shown signs of exhaustion. Investors are watching for signs that fundamental growth can justify the high valuations seen in the current market cycle.

Digital assets saw subdued price action on Tuesday, with Bitcoin trading near the $76,700 level after a series of leveraged long liquidations. While the market reacted to President Trump's decision to pause planned military strikes on Iran, sentiment remains cautious with the Crypto Fear & Greed Index dropping to 39. ETF outflows and a lack of aggressive call demand suggest a defensive posture among institutional and retail traders alike.