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via fortune.comMarkets

Global stocks sell off as French 10-year yield hits 4.94%

FROM THE WIRE · FORTUNE.COM

Traders sold off after oil hit $111 per barrel this morning, an AI IPO in South Korea lost 30% on its debut, and the yield on the French 10-year bond hit 4.94%, a level it has not seen since 2002.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishOil at $111 and the French 10-year yield at a 2002 high drive the global selloff.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Oil hit $111 per barrel this morning.
  2. 02The French 10-year bond yield hit 4.94%, a level not seen since 2002.
  3. 03An AI IPO in South Korea lost 30% on its debut.

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