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There is a bit of fear tactics involved at the moment, the bond yield rates are not overly bad, but tend to show that high inflation and high unemployment will be the direct consequences of low interest rates.

The main issue here is that growth stocks (tech) are valued at future value , meaning their growth is valued at future cash flows and thus being valued at the prices they are.

The US tech sell off is a shift between growth stocks to value stocks in sectors such as travel, staple foods, Heathcare etc.
The sell off will continue today I feel but IOU is still in a prime position to overcome the tech sell off as the stock is still of high growth compared to its peers.

Again, I reiterate, this is just a market correction regarding bond yields, low interest rates and unemployment. I highly doubt that we will fall below to the extremes of Covid market crash and we will soon see the light.