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Rising U.S. Bond Yields Bring Back Wall Street's Sinking Feeling
FYI: For stock investors, the recent spike in bond yields may be prompting some uncomfortable deja vu.
Back in late January and early February, there was a 10 percent correction in the S&P 500, with stock investors spooked as Treasury yield increases intensified with a monthly payrolls report showing the biggest wage gains for workers since 2009.