Global Markets Face Declines Amid Bond Selloff and Inflation Concerns

Investors react to rising bond yields and central bank signals, with stocks in Europe and Asia trending lower.

European and Asian stocks declined as investors assessed rising bond yields and mixed economic signals.
European Central Bank and Federal Reserve officials indicated cautious approaches to future rate cuts.
US consumer confidence rose unexpectedly in May, but recession fears persist.
Oil prices climbed due to geopolitical tensions in the Middle East.
Nvidia continues to dominate market headlines with unprecedented growth.