BREAKING: U.S. stocks are under pressure as Treasury yields surge to multi-decade highs.
The 10-year Treasury yield hit 5.35%, its highest level since 2002, while the 30-year yield climbed to 5.70%.
Higher yields are increasing pressure on equities and raising fears of deeper market volatility.
The reported $510 billion wipeout in market value has not been independently confirmed.
$RAY
$LAZIO
$WLD
The 10-year Treasury yield hit 5.35%, its highest level since 2002, while the 30-year yield climbed to 5.70%.
Higher yields are increasing pressure on equities and raising fears of deeper market volatility.
The reported $510 billion wipeout in market value has not been independently confirmed.
$RAY
$LAZIO
$WLD