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Global stocks sink, notably tech, as Treasury yields jump | Money

NEW YORK, Jan 19 ― Benchmark US Treasury yields jumped to two-year highs and equity markets tumbled yesterday, with the Nasdaq falling more than 2 per cent, as traders braced for the Federal Reserve to tackle fast-rising inflation by tightening monetary policy. The dollar hit a six-day high as...
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Jump in Treasury yields sink equity markets, notably tech - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Benchmark US Treasury yields jumped to two-year highs and major equity market indexes fell more than 1% on Tuesday as traders braced for the Federal Reserve to be more aggressive in tightening monetary policy to tackle inflation.
Saudi Arabia United Arab Emirates United States Michael Orourke Sam Stovall Goldman Sach

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