Rising bond yields, US midterms and earnings challenge stocks’ usual fourth-quarter strength

Timeline
Sunday, 4 October
- Rising US Treasury yields put pressure on Wall Street’s AI rally
The 30-year yield reached 5.69%, while the 10-year rate topped 5.3%
Friday, 2 October
- Rising bond yields, US midterms and earnings challenge stocks’ usual fourth-quarter strength
US stocks typically perform well in the fourth quarter
Thursday, 1 October
- Global markets rattled as bond yields surge, offsetting AI-stock optimism
Global bond volatility dragged stock indexes lower, offsetting AI-stock optimism
