STOCKS | Bond Yields Surge as Investors Stay Bullish on Global Equities

Market volatility has intensified as interest rates rise and geopolitical risks unsettle investors, with the U.S. 10-year Treasury yield breaking above 5% and oil prices holding above $100 a barrel. According to Sina Finance, Bank of America’s latest fund manager survey showed investors remained overweight global stocks and stayed optimistic about corporate earnings. BlackRock, UBS, and other institutional investors said AI spending and demand could still support economic growth despite short-term market swings. The survey covered 170 investors overseeing a combined $470 billion in assets, and 49% of fund managers were net overweight global equities in September.