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✉news BusinessMarkets first seen 6 h ago, last 5 h ago, peak #12

Bond yields climb as Anthropic IPO hopes lift tech stocks

Original: Bond yields extend run higher; stocks ease but Anthropic IPO optimism boosts tech

Government bond yields continued their upward run, weighing on broader stock markets, but technology shares found support from growing optimism around Anthropic's potential initial public offering. Traders are balancing rising borrowing costs against enthusiasm that a high-profile AI listing could reinvigorate the tech sector and broader market appetite for new issues.

Why now: Rising yields and the prospect of a major AI company listing are moving market sentiment.

AnthropicReuters

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