---
title: "Asia open: Bond yield breakout threatens tech rally"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286840132.md"
description: "Rising global bond yields and expectations of Federal Reserve rate hikes threaten the AI-driven tech rally, impacting growth-stock valuations. Geopolitical tensions escalated after a drone strike on a UAE nuclear facility, raising concerns over Middle East instability and inflation. Despite this, Asian tech stocks like Baidu and Samsung showed resilience. The S&P 500 and Nasdaq 100 faced losses, while global bond yields surged. Key economic data, including Japan's Q1 GDP, is anticipated today."
datetime: "2026-05-19T01:50:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286840132.md)
  - [en](https://longbridge.com/en/news/286840132.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286840132.md)
---

# Asia open: Bond yield breakout threatens tech rally

-   **Rising global bond yields** and **growing expectations of future Federal Reserve rate hike**s are increasingly threatening the AI-driven technology rally, pressuring growth-stock valuations across global equity markets.
-   **Geopolitical tensions** escalated sharply after a drone strike targeted a UAE nuclear facility, intensifying concerns over prolonged Middle East instability, elevated oil prices, and persistent inflationary pressures.
-   Despite broader macro weakness, **Asian technology stocks showed resilience** as Baidu posted strong AI-driven earnings growth and Samsung Electronics gained ahead of highly anticipated NVIDIA earnings.
-   **Chart of the day:** **Nasdaq 100**’s medium-term uptrend damaged, potential near-term weakness is likely to persist below 29,400 key short-term resistance.

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