Global equities fell sharply as tech valuations came under pressure and concerns grew over rising interest-rate expectations. Japan’s Nikkei slid about 3 percent while Chinese markets lagged and China’s 10-year bond yield dipped below Japan’s for the first time amid worry over economic momentum. In Washington, Congress passed a law almost unanimously to release all documents tied to Jeffrey Epstein and the president pledged to sign it after his earlier opposition, spotlighting his shifting position.

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