Bloomberg
Stocks Take Hit as Bond Selloff Saps Risk Appetite
Tuesday, August 18, 2026
Stock prices declined following losses in semiconductor companies, while bond yields remained elevated amid concerns about inflation and government debt levels. Longer-dated bonds experienced selling pressure related to inflation expectations and debt associated with artificial intelligence investments. Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, noted a gap between sell-side consensus and buy-side expectations on market direction.
