[Breaking] 30-Year Treasury Yield Surges Past 5.6% Intraday... U.S. Stock Markets Close Lower
The yield on the U.S. 30-year Treasury bond surpassed 5.6% during intraday trading, leading all three major U.S. stock indexes to close lower on September 29 (local time).
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On this day at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average finished down 0.26% from the previous trading session. The S&P 500 Index, which focuses on large-cap stocks, declined by 0.17%, while the tech-heavy Nasdaq Index ended down 0.09%.
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