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Market Impact: 0.45
Dow falls 350 points as 10 year Treasury yields hit 5.1%
Source: invezz.com
Interest Rates & YieldsMonetary PolicyMarket Technicals & Flows
US stocks fell on Wednesday as Treasury yields climbed to multi-year highs, intensifying concerns that the Federal Reserve could raise rates again at its October meeting. The Dow Jones Industrial Average declined 352.10 points, or 0.68%, to 51,511.59, reflecting pressure on equities from higher borrowing costs and a potentially more hawkish Fed outlook.
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