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Rising bond yields put pressure on the stocks powering the market

Rising bond yields put pressure on the stocks powering the market
Photo: KVIA ABC-7 · view original

By John Towfighi, CNN New York (CNN) — Global bond yields are up sharply in recent weeks and US oil prices are near $90 per barrel. Now, the stock market is also starting to feel some pressure. The 10-year US Treasury yield rose above 4.81% early Wednesday and hit its highest level since October...

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