The post Dow Falls Nearly 300 Points As Bond Selloff Pushes 30-Year Yield To 5.73% appeared first on Coinpedia Fintech News
Wall Street dropped Wednesday as a bond selloff sent Treasury yields to levels last seen more than 20 years ago. The Dow lost about 273 points, or 0.5%, the S&P 500 slipped 0.2% from its record and the Nasdaq Composite fell 0.4%. The 10-year yield touched 5.365%, its highest since April 2002, and the 30-year …