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US Stock Futures Drop as 10-Year Treasury Yield Passes 5%
Source: Bloomberg
Interest Rates & YieldsMonetary PolicyMarket Technicals & Flows
US stock futures fell as the benchmark 10-year Treasury yield reached its highest level since 2007 ahead of the Federal Reserve's Wednesday rate decision. Traders expect another interest-rate increase, reinforcing risk-off positioning as elevated yields pressure equity valuations.
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