Treasury bond sell-off signals inflation concern; equities dip ahead of CPI print

A sharp sell-off in Treasury bonds sent alarm signals through equity markets on Sunday, with yields climbing and equity futures retreating as investors reassess inflation expectations. The move comes ahead of the week's CPI data, which will frame Fed rate-hold or hike scenarios.

For infrastructure and semiconductor spending plans tied to capex guidance, this volatility may pressure near-term valuations even as long-cycle demand for GPU/AI hardware remains intact.