Dow Jones, S&P 500, Nasdaq: Rising yields push Wall Street into the red
Oil prices and bond yields continue to rise. This is turning the focus on monetary policy in the US. Meanwhile, the US Federal Reserve could come into a dilemma.
US stock markets continued to decline on Tuesday, with the Dow Jones falling 0.8% to 52,746 points, the S&P 500 down 0.7% to 7,634, and the Nasdaq dropping 0.9% to 26,125. The yield on 10-year US Treasury bonds rose above 4.79% for the first time since January 2025, while 30-year bond yields increased by 5 basis points to around 5.3%.
Consorbank chief analyst Jochen Stanzl warned that a sharp rise in yields could lead to a transfer of negative sentiment from the bond market to stocks. The increases in long-term interest rates could also impact corporate lending rates and mortgages.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
