Reported 4 months ago
A decline in bonds has caused stocks to fall amid concern over the US deficit driving up yields. Weak Treasury sales have led to worries about funding the deficit as the Federal Reserve maintains its current stance on interest rates. Major groups in the S&P 500 decreased, and Treasury 10-year yields rose along with European bond yields. The market continues to be influenced by uncertainties surrounding monetary policy and inflation, impacting various asset classes.
Source: YAHOO