Higher Treasury yields also make it more expensive for everyone to borrow, from huge multinational corporations to homebuyers looking for a mortgage. Treasury yields have been rising in part because ...
The stock market’s slide picked up heading into the close. The Dow was down 300 points, or 0.7%, with roughly 25 minutes to go in the trading day. The S&P 500 was down 1.4%. The Nasdaq Composite was ...