menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Wall Street braces for more losses as yields hit 2-year high

2 0
previous day

Get Quartz in your inbox

Free daily briefing on global business news.

Wall Street braces for more losses as yields hit 2-year high

Stock futures dipped Wednesday as bond yields rose globally and oil prices topped $90 a barrel, fanning inflation fears

Bloomberg / Getty Images

U.S. stock futures fell Wednesday as the 10-year Treasury yield climbed to its highest level in nearly three years, with rising oil prices adding to concerns about inflation.

The 10-year Treasury yield reached 4.814% intraday, marking its highest point since November 2023. Dow Jones Industrial Average futures slipped 66 points, or 0.1%, while S&P 500........

© Quartz