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✉news BusinessMarkets first seen 8 h ago, last 8 h ago, peak #21

Higher bond yields pull stocks further from record

Rising bond yields are weighing on Wall Street, pulling major stock indexes further below their recent record highs. Higher yields make bonds more attractive relative to equities and raise borrowing costs, prompting investors to trim positions in stocks. Market watchers are tracking the move as a sign of shifting expectations around interest rates and the economy.

Why now: Investors are reacting to rising bond yields pressuring equity markets away from record levels

Wall StreetUS bond market

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