✉news BusinessMarkets first seen 9 h ago, last 1 h ago, peak #9
Stocks Slip as Treasury Yields Hit 24-Year High
Original: Stock Market Midday, Oct. 1: Stocks Edge Lower as Treasury Yields Surge to 24-Year High
US stocks edged lower at midday on October 1 as Treasury yields surged to their highest levels in 24 years. Rising long-term borrowing costs are pressuring equities, with investors weighing the implications for growth stocks, corporate borrowing and Federal Reserve policy as markets digest the sharp move in bond yields.
Why now: A surge in Treasury yields to multi-decade highs is rattling equity markets and raising concerns about borrowing costs and Fed policy.
US stock marketUS Treasury bondsFederal Reserve
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Evidence
- Stock Market Midday, Oct. 1: Stocks Edge Lower as Treasury Yields Surge to 24-Year High · Yahoo Finance
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