Major US Stock Indexes Drop 2% as 10-Year Treasury Yield Hits Highest Since 2007
Updated
Updated · Yahoo Finance · Sep 17
Major US Stock Indexes Drop 2% as 10-Year Treasury Yield Hits Highest Since 2007
3 articles · Updated · Yahoo Finance · Sep 17
Summary
The S&P 500, Dow and Nasdaq have each fallen about 2% over the past month as investors absorb AI bubble fears, higher oil prices and a spike in Treasury yields.
The 10-year Treasury yield reaching its highest level since 2007 has sharpened recession worries, while rising oil has added fresh inflation pressure to an already uneasy market.
History in the report points to patience over market timing: every S&P 500 20-year period since 1919 ended with positive total returns, and a January 2000 investment would have gained 745%.