Dow falls as 10-year Treasury yield nears 5.04% — WSJ
In afternoon trading, the Dow led declines, falling up to about 500 points (~1%). The 10-year Treasury yield rose to as high as 5.04%, its highest since 2007, before paring gains.
The 10-year Treasury yield reached a new high above 5%, while stocks weakened in afternoon trading. The Dow was the biggest loser, dropping as much as 500 points, or 1%. 04%, its highest since 2007, before easing back. The move la…