U.S. and global long-rate repricing tests duration absorption

Elevated long-term yields interact with projected debt supply, AI borrowing needs, uncertain foreign demand, and inflation risks. Recent PPI and import/export-price figures largely repeat prior readings; a separate market-breadth report cites 48% of S&P 500 stocks in bear-market territory, but its publication date is unstated and it does not establish durable repricing or a Fed policy change.