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10-year Treasury yield spikes, spooking the stock market

CNNMoney Tuesday, 15 May 2018 ()
Concerns about faster inflation are driving an exodus from government bonds.
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Source: Wochit Business - < > Embed
News video: US Stocks Slide Tuesday

▶ US Stocks Slide Tuesday 00:37

Getty Images / Spencer Platt The release of strong economic data pushed the 10-year-yield higher. In response, the broader US stock market, oil prices, and gold prices slid. The data fueled further speculation that the Fed will hike interest rates as many as four times in 2018. The S&P 500 Index...

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