Global markets decline amid rising bond yields and geopolitical tensions

Global stock markets are facing downward pressure driven by rising government bond yields and geopolitical instability in the Middle East. In Greece, the Athens Stock Exchange saw its general index fall by 0.74%, with the banking sector experiencing a 1.05% decline.

In Asia, markets are largely trending lower as investors react to heightened US-Iran tensions and expectations of tighter monetary policy from the Federal Reserve. The Nikkei 225 in Japan and the Taiwan Weighted index have both seen declines, while China's manufacturing sector shows mixed signals with a PMI of 49.8, remaining just below the threshold for expansion.

Rising oil prices, triggered by Middle East conflicts, are fueling inflation concerns globally, contributing to the volatility seen across European and Asian indices.