Stocks slip in mixed trading as rate pressure ratchets up

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Rising Treasury yields put pressure on big technology companies, lowering U.S. stock indexes

The plan would help fight climate change and reduce deadly air pollution from cars, trucks and power plants and gas furnaces.

The spotlight was again on the bond market, where the yield on the 10-year Treasury rose to 1.73% from 1.72% late Monday. It has jumped from roughly 0.90% at the start of the year with rising expectations for coming economic growth and possibly inflation.

Source: News Formal (newsformal.com)

 

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