Wall Street Falls as 10-Year Treasury Yield Tops 4 Percent for First Time Since August

Treasury yields surged past 4 percent as Wall Street stocks fell, suggesting investor fears over high interest rates and Middle East tensions. Traders work on the floor at the New York Stock Exchange in New York City on Jan. 29, 2024. Traders work on the floor at the New York Stock Exchange in New York City on Jan. 29, 2024. Brendan McDermid/Reuters Wall Street’s major stock indexes ended the trading session around 1 percent lower on Oct. 7, while the 10-year U.S. Treasury yield rose above 4 percent for the...