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Goldman stock up as 10-year Treasury yield tests 4.8%

Goldman Sachs (GS) rose about 0.7% to $1,009.78 Wednesday, with financial stocks supporting a higher Dow as the 10-year Treasury yield briefly pushed through 4.8%.

GS

Goldman Sachs NYSE:GS, the global investment-banking and trading heavyweight, climbed roughly 0.7% to $1,009.78 Wednesday as financial stocks helped drive the Dow higher.

The move packed extra punch because the 10-year Treasury yield briefly blasted through 4.8%, touching its highest level in nearl…