The 10-Year Treasury Yield Is Back Above 4%. That’s Bad News for Stocks.

The 10-Year Treasury Yield Is Back Above 4%. That’s Bad News for Stocks.·Barrons.com
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Bond yields were climbing early Monday as traders pulled back when it came to how much they expect the Federal Reserve to cut rates, dragging on stocks. Traders are now pricing in a 12% chance of no rate cut at all at the Fed’s November monetary-policy meeting, according to the CME FedWatch tool.

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