Decade-high bond yields and Middle East volatility deepen tech rout
Market news for August 19, 2026: Global markets slumped as bond yields hit decade highs; oil topped $90 amid Middle East volatility; tech stocks took a heavy hit, echoing Wall Street’s slide; and investors braced for persistent inflation and elusive policy guidance from Fed minutes.
Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.
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