Asia Stocks Slide on Inflation Fears as Yields Surge

Rising bond yields and inflation fears, exacerbated by geopolitical tensions (Iran), are pressuring equity valuations globally. Elevated oil prices above $100/bbl increase input costs for energy-dependent industries, squeezing margins. Asian markets fell broadly, with tech and growth stocks particularly sensitive to higher discount rates. The channel is primarily macro/financial (higher yields → lower equity valuations) and input cost (oil → production costs). Weak direct commercial mechanism for specific sectors beyond broad equity sell-off and oil price support.