"US Yields Rise, Dollar Strong: Asian Shares Stumble"

Asian shares stumbled as US bond yields reached nine-month highs, pushing the dollar higher. Investors awaited the earnings results of tech giants Apple and Amazon to see if they justified the sector's high valuations. European markets were expected to open subdued, with the Bank of England anticipated to raise interest rates later in the day. US futures were flat following a wave of selling on Wall Street, while Asian markets experienced declines. Long-term US Treasury yields continued to climb, curbing risk appetite. Chinese blue chips rose, and the US dollar remained buoyant.