US Stocks Mixed, Treasury Yields Soar To More Than A Decade High: What's Driving Markets Monday?
On Monday, U.S. stocks made a cautious attempt at bouncing back following three consecutive weeks of losses. The upward momentum seems uncertain, and the recent increases in Treasury yields are posing challenges for the market bulls.
The 10-year Treasury yield reached 4.35%, reaching its highest level since October 2007.
