Bond yields up stocks sag on enhanced u s rate hike prospects

The article is likely referring to a market reaction where:

The phrase "enhanced U.S. rate hike prospects" suggests that the market is now expecting a more aggressive tightening of monetary policy by the Federal Reserve, which is the central bank of the United States. This means that the Fed is likely to raise interest rates more quickly and by a larger amount than previously expected, in order to combat inflation and keep the economy from growing too quickly.

Some possible reasons for this market reaction could include:

Overall, the article is suggesting that the market is now pricing in a more aggressive tightening of monetary policy by the Fed, which is leading to higher bond yields and lower stock prices.