10-year Treasury yield jumps, spooking stocks early Tuesday
The 10-year Treasury yield rose as high as 4.792% early Tuesday, after reaching its highest level of President Donald Trump’s term, pressuring stocks.
By Callum KeownSeptember is just hours old, and it's already living up to its feared reputation.
But it's the bond market, not the weight of history, that's spooking stocks.The 10-year Treasury yield rose as high as 4.792% early Tuesday after hitting its highest level of President Donald Trump's te…