{"id":108020,"date":"2021-02-25T21:53:26","date_gmt":"2021-02-25T21:53:26","guid":{"rendered":"https:\/\/fin2me.com\/?p=108020"},"modified":"2021-02-25T21:53:26","modified_gmt":"2021-02-25T21:53:26","slug":"rising-bond-yields-trigger-wall-street-sell-off","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/rising-bond-yields-trigger-wall-street-sell-off\/","title":{"rendered":"Rising bond yields trigger Wall Street sell-off"},"content":{"rendered":"

New York (CNN Business)<\/cite>It was another rough day for stocks. The market has entered a new phase of volatility as government bond yields are on the rise, signaling expectations for higher interest rates down the line.<\/p>\n

The Dow<\/span> (INDU<\/span>)<\/span> closed down 560 points, or 1.8%, on Thursday, just one day after setting a new all-time high. The broader S&P 500<\/span> (SPX<\/span>)<\/span> finished down 2.4%, its worst drop in a month, and the Nasdaq Composite<\/span> (COMP<\/span>)<\/span> tumbled a whopping 3.5%, marking its worst performance since October.
\nMeanwhile, the 10-year US Treasury bond yield has climbed up to 1.52% at the time the closing bell rang, an increase of 0.13%.<\/p>\n