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Yields on U.S. and European government bonds rose, with French bonds underperforming due to ongoing budget concerns, as the global bond selloff resumed Wednesday after a day of relief. U.S. Treasury yields rose in Asian hours and continued to do so as Europe opened.
US stocks advanced as strength in AI-related shares offset renewed volatility in bond markets and higher oil prices. S&P 500 futures rose around 0.4%, while chipmakers gained after an upbeat outlook from Micron boosted sentiment across the technology sector. Treasury yields swung sharply, with the US 10-year yield brie