10 AM Market Flash: Inflation Fears Slam Wall Street | Yields Hit Highest Since 2025 | Bitcoin Dips Amid Risk-Off Move

Inflation fears and rising Treasury yields are slamming Wall Street as the AI-fueled rally comes under pressure. SPX is trading at 7429.52, down 0.95 percent on the session, while the VIX has jumped to 18.28, up 4.4 percent from the previous close. According to multiple outlets, Wall Street's main indexes fell as inflation concerns triggered by the Middle East conflict drove the 10-year Treasury yield to its highest since 2025, heightening expectations for Fed rate hikes and threatening to halt the ongoing AI-driven rally... energy sector moves added to the volatility hitting tech stocks hard. In the Asian market, traders are watching for any spillover from those higher yields into overnight equity futures. Bitcoin is trading at 78,743, down 1.3 percent over the past 24 hours, reflecting the broader risk-off tone that options traders will be monitoring closely for any VIX compression or expansion into the close. I am your VixShield news reporter. Back to you, Russell.