A Rate Hike Could Be the First of Many. Stocks Are on Red Alert. — Barrons.com
By George GloverThe AI selloff may be stealing the spotlight-but it's surging borrowing costs that pose a much bigger threat to stocks and other assets.The 10-Year Treasury yield rose 4 basis points to 5.03% on Tuesday-on pace for its highest close since July 2007, per Dow Jones Market Data. It's a…
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