Yields Rise, Stocks Fall: A Reckoning for Markets The latest market turmoil serves as a stark reminder that even in record high territory, equities can be volatile and prone to sudden drops.
Last week's sell off was triggered by a perfect storm of rising bond yields, inflation worries, and geopolitics. As the 10 year Treasury yield climbed to 4.
59%, its highest level in over a year, stocks pulled back from record highs. The S&P 500's 1.