US Stocks Drop as Bond Yields Keep Climbing

The Dow Jones Industrial Average plunged more than 800 points Wednesday, as a continuing surge in Treasury yields prompted the blue-chip index‚Äôs biggest pullback since February. Fast-rising bond yields and signs of inflation have led investors to worry that profit margins could narrow, sparking one of the biggest downturns of the year among…

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Government Bond Yields Climbed in 2nd Quarter on Trade Tensions, Slower Growth

The yield on the benchmark 10-year U.S. Treasury note rose for the fourth straight quarter, briefly topping 3% before concerns about mounting trade tensions and slower global growth drove investors to the relative safety of government debt. Signs that inflation could accelerate, continued job gains for U.S. workers and speculation that the Federal Reserve could…

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