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✉news BusinessMarkets first seen 5 h ago, last 9 min ago, peak #9

Stocks Slip as Treasury Yields Hit 24-Year High

Original: Stock Market Midday, Oct. 1: Stocks Edge Lower as Treasury Yields Surge to 24-Year High

US stocks edged lower in midday trading on October 1 as Treasury yields surged to levels not seen in 24 years, putting fresh pressure on equities. Rising yields raise borrowing costs and make bonds more attractive relative to stocks, and investors are watching whether the move forces a broader market pullback.

Why now: A sharp jump in Treasury yields to multi-decade highs is rattling equity investors and raising concerns about borrowing costs and market direction.

US stock marketTreasury yields

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