Global stock markets sank sharply in early December as rising inflation fears in major economies spurred widespread investor unease. According to Reuters, markets opened the month on a weak note after U.S. Treasury yields climbed — a move that undercut hopes of imminent interest-rate cuts from the Federal Reserve.
The sell-off spread beyond U.S. shores: major indices in Europe and Asia mirrored the decline. The slump was largely attributed to sticky price pressures and uncertainty over future monetary-policy moves.
Both risk-heavy and broad-market benchmarks felt the impact. The dip highlights how sensitive global equities remain to inflation dynamics and central-bank decisions — a correlation likely to keep markets volatile in the coming weeks.
