PSI is trading at 2% down now at $129.22 (-1.97%) after broad semiconductor weakness.
- Semiconductor stocks are weakening as global bond yields rise, pressuring high-multiple growth assets.
- Japan’s 10-year yield reached 3%, intensifying global risk-off sentiment and weighing on technology shares.
- Broader market weakness aligns with the S&P 500 down 0.60% and Nasdaq down 1.26%.