US stocks were under pressure in early trade Monday, as rising bond yields weighed on Wall Street sentiment, MarketWatchreports.
The closely watched yield on the 10-year Treasury note climbed, approaching a psychologically important 3% level.
Asset Management
US stocks bounce around as bond yields rise
The closely watched yield on the 10-year Treasury note came close to 3% on Monday
US stocks were under pressure in early trade Monday, as rising bond yields weighed on Wall Street sentiment, MarketWatchreports.
The closely watched yield on the 10-year Treasury note climbed, approaching a psychologically important 3% level.