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The Dow Jones Industrial Average and other indexes were positive heading into the close Monday as investors cheered President-elect Donald Trump's selection of Scott Bessent for Treasury secretary.
The stock market has been the acute point of stress ... prices of long-term U.S. Treasury debt fell, too. That drove their yields, which move in an inverse relationship to prices, higher.
U.S. stocks closed little changed as Treasury yields dipped slightly to ease interest rate concerns. However, worries linger over how President Donald Trump's tax bill will affect the deficit.
Stocks opened lower Monday after the 10-year Treasury yield briefly jumped past 5%, reflecting bets by investors that interest rates will continue to stay elevated for longer. The benchmark yield ...
Long-dated Treasury yields reached their highest closing levels in well over a decade on Thursday, undermining investors’ confidence, injecting uncertainty in the stock market, and threatening ...
U.S. Treasury yields have soared over the past week, propelling the rate on the 10-year note BX:TMUBMUSD10Y to the brink of the 5% mark rarely seen since the global financial crisis. Back To Top ...
Treasury Department Secretary Scott Bessent said on Sunday that he is “not worried about the markets” after a rough week for the stock market. “I can tell you that corrections are healthy ...
The 10-year Treasury yield is approaching the level that has generally hurt U.S. stock performance over the past 24 months, but that pattern may not repeat, wrote Ryan Grabinski of Strategas.
Markets are spooked by the 10-year yield nearing 5% because it is the outer limit of an entire generation's experience with prevailing interest rates, says DataTrek Research Just days into the new ...