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Stock futures slip as 10-year Treasury yield hits 19-year high

Photo: Yahoo Finance

What happened

The benchmark yield reached 5.041% on Tuesday, its highest since 2007, as rising oil prices and an imminent Fed rate decision rattled markets

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on QuartzQuartz
  2. Yahoo Finance started reportingYahoo Finance

Sources