Asian equities fell sharply Monday, led by a 990-point, or 1.34%, drop in India’s BSE Sensex to 72,905. Japan’s Nikkei 225 declined 0.73%, while China’s Shenzhen index plunged 3.44%. U.S. equity futures also weakened, with Dow Jones futures down 188 points and Nasdaq 100 futures off more than 262 points. The 10-year U.S. Treasury yield reached 5.17% Friday, its highest level since 2007. Bitcoin retreated to $83,400-$83,500 after briefly topping $85,000, as elevated yields and declining daily inflows into U.S. Bitcoin ETFs weighed on momentum. Brent crude fell to $99.06 a barrel after exceeding $108 last week, while WTI traded at $94.2. Despite the pullback, the S&P 500, Nasdaq Composite and Dow Jones remained up 12.90%, 16.50% and 7.12%, respectively, year to date.