Tech Companies Increasingly Vulnerable to Rising Bond Yields -- Market Talk

1335 GMT - Technology companies are becoming more exposed to rising bond yields as companies rely on debt to fund their growth, Capital Economics' Thomas Mathews says in a note. "Rising term premia more broadly do, in our view, pose a clear threat to the increasingly debt-funded capex boom," he says. Alphabet's credit default protection costs rose after it posted weaker-than-expected profit in the third quarter. (miriam.mukuru@wsj.com)

(END) Dow Jones Newswires

October 29, 2026 09:35 ET (13:35 GMT)