Stocks Face Pressure as 10-Year Yield Hits Highest Level Since 2007
U.S. equities logged back-to-back losses as bond yields climbed, with CNBC set to feature comments from DoubleLine Capital's Jeffrey Gundlach.
U.S. stocks recorded back-to-back losses in recent sessions as the yield on the 10-year Treasury note touched its highest level since 2007, according to CNBC.
The rise in yields has weighed on investor sentiment, contributing to the market's recent downturn, CNBC reported.
Ahead of the next trading session, CNBC said it plans to air comments from Jeffrey Gundlach, founder of DoubleLine Capital, though specifics of his remarks were not detailed in the report.
CNBC's report did not provide additional figures on the size of the stock declines or the exact level reached by the 10-year yield.
Sources
- Wednesday's big stock stories: What’s likely to move the market in the next trading session — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Related articles
Cramer Previews Friday Trading, Cites Bond Market Volatility and iPhone 18 Launch
CNBC's Jim Cramer highlighted unsettled bond markets and the retail debut of Apple's iPhone 18 among factors to watch as markets opened Friday.
Stock Futures Edge Higher After Dow's Third Straight Losing Week
Wall Street looks to steady itself after a mixed week for major indexes, according to CNBC.
Stock Market Faces Test From Rate Fears and AI Safety Debate, CNBC Reports
Investors weighed the prospect of a new Federal Reserve rate-hiking cycle alongside growing questions over artificial intelligence safety, according to a CNBC report.
Turkish Stock Exchange Opens Friday Lower
The benchmark BIST 100 index fell at the opening bell, according to Anadolu Agency.
Pakistan's CDNS Sets Rs60 Billion Target for Islamic Bonds in FY27
The state savings body aims to expand Shariah-compliant investment offerings as part of its fundraising plan for fiscal year 2026-27
S&P 500 Ends Another Losing Week; CNBC Highlights Stocks That May Be Due for a Rebound
After a second consecutive weekly decline for the benchmark index, market analysts point to select stocks trading at levels historically associated with a bounce.
Comments
Loading comments…