Finance

The 10-year Treasury yield climbed toward 4.7%, its highest level in over a year, while the 30-year yield reached an 18-year high near 5.2%. This global bond selloff is driven by a hawkish shift from central banks and rising energy costs, with Brent crude holding above $111 per barrel.

Cryptocurrencies staged a modest recovery during Wednesday's trading hours, with Bitcoin bouncing to approximately $77,200 after briefly dipping below $77,000. Sentiment improved slightly following legislative news that eased regional geopolitical uncertainty, though the market remains sensitive to macroeconomic liquidity.

Investors are closely monitoring upcoming quarterly results from Nvidia, which now accounts for roughly 20% of S&P 500 returns this year. Broader market sentiment is also being shaped by earnings from major retailers like Target and Home Depot as analysts gauge the resilience of consumer demand.