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6% Treasury yields weigh on stocks as indexes head for a third daily drop
MarketWatch notes the pressure comes as a global bond-market rout starts to spill over into equities, with major U.S. indexes on track for a third straight day in the red.
Bond-market turmoil is starting to pressure U.S. stocks, with MarketWatch reporting that the move gained traction as the market looked set for a third consecutive session of declines.
The article highlights rising Treasury yields near the 6% level as a key risk to equities, tying the selloff in bonds to weakness in major U.S. indexes.
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