
Stocks Slide for Third Day as Bond Yields Surge
Wall Street posts a third straight losing session as oil prices and global bond yields surge, with tech stocks leading the Nasdaq's decline.
Reporting that connects the day's developments with the forces shaping what comes next.

The average 30-year mortgage rate climbs to its highest level in more than a year after renewed Middle East fighting pushes bond yields sharply higher.

Wall Street posts a third straight losing session as oil prices and global bond yields surge, with tech stocks leading the Nasdaq's decline.

Bitcoin falls below $78,000 as growing bets on a Federal Reserve rate hike this month weigh on crypto prices alongside gold and other risk assets.

Gold retreats from a two-week high as hawkish comments from Fed Chair Kevin Warsh and rising oil prices strengthen bets on a rate hike this month.

The US national debt surpasses $40 trillion for the first time, arriving months earlier than forecasters expected as deficits and interest costs climb.
By Olivia Brooks · 9h ago