U.S. stock futures fell as inflation concerns pushed up global bond yields.

Amid renewed concerns over inflation, global bond yields have risen to decades-high levels, and U.S. stock index futures continue their downward trend. The Nasdaq 100 futures, heavily weighted in tech stocks, fell by as much as 1%, while the S&P 500 futures dropped by 0.6%. After reaching its highest level since 2007, the 30-year Treasury yield continued to climb.