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Market Impact: 0.72
Dow opens 170 pts lower as 30-year Treasury yield hits 22-year high
Source: invezz.com
Interest Rates & YieldsCredit & Bond MarketsMarket Technicals & Flows
US stocks opened lower as a historic Treasury-bond selloff pushed the 30-year yield to its highest level in more than two decades. The Dow Jones Industrial Average fell 179.66 points, or 0.35%, to 51,331.93 shortly after the open, reflecting risk-off pressure from sharply rising long-term borrowing costs.
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