Stocks fall as Treasury yields rise, per WSJ
Global government bond yields turned higher after pausing earlier, with investors focusing on the post-Buffett era as Berkshire Hathaway’s chairman steps down.
Friday closes a chapter in investing history, with Warren Buffett stepping down as chairman of Berkshire Hathaway. As the post-Buffett era begins, market attention is shifting back to bond yields. Global government bond yields are rising again after pausing their advance earlier in the day. The 10-year note is part of that move.