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10-year Treasury yield touches 5.35% as stock futures rebound
The 10-year Treasury yield rose to 5.35% on Thursday before easing to 5.23%, with bond yields at their highest levels in years, AP reports. The S&P 500 fell 0.5% and the Nasdaq 1.3% on Thursday as tech stocks slid. Early Friday, U.S. stock futures were higher as tech shares recovered, and Brent crude was down about 1% near $103 a barrel.
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Sources
- AP via KSAT: World shares mostly higher, crude falls after unsettled day on Wall St
- Yahoo Finance: Stock market today, Friday Oct. 9
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