Global shares slide on bond strain and tech debt
Global equities fell as sovereign bond markets faced renewed selling pressure amid rising energy prices. Major technology companies sought billions in new debt to fund artificial intelligence chips, adding to broader financial concerns.
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Global shares fell 1% during Thursday morning trading as sovereign bond pressures escalated alongside a 4% jump in oil prices. The decline follows reports that major technology firms are seeking billions in debt to fund artificial intelligence infrastructure. Global investors are facing heightened risks as corporate borrowing demands directly compete with sovereign funding needs.
