Socking the stock market indices is a new leg up in interest rates. The U.S. 30-year Treasury bond yield is higher by nine basis points to 5.02%. Should that level hold, it would be the first close above 5% for the long bond since the summer of 2007. The 10-year Treasury note yield is up seven basis points to 4.905%, also the highest yield since that summer.
Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns
