Stock Market Today: Rising Rates Put Another Scare Into Stocks
More commotion in the bond markets sent equities off to a rocky start for the week – though what was shaping up to be a significant gashing turned out to be just a scrape.
The yield on the 10-year Treasury jumped yet again Monday, to as high as 1.808% after starting 2021 at 1.510%.
"While rates have been volatile throughout 2021, the 10-year has not reached this level since prior to the pandemic," says Lindsey Bell, chief money and markets strategist for Ally Invest. "Information
