💼 5 PM · While you worked
Long-term Treasury yields hit their highest levels since 2002
The 10-year Treasury yield rose to about 5.3%, its highest level since 2002, and the 30-year yield also reached its highest since 2002. Stocks ended nearly flat, with the S&P 500 up about 0.3%, as chip stocks gained after Micron's earnings.
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Sources
- TheStreet: Stocks finish flat on rising Treasury yields
- Yahoo Finance: Stocks stage comeback as Treasury yields fall from highs, chip stocks gain
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