Dow sinks 300 points, S&P 500 nears bear market as Trump’s tariffs keep roiling Wall Street
It's been one of the most chaotic stretches for US markets in recent memory. And the massive surge in long-term Treasury yields has served as yet another example of the bizarre trading action in the aftermath of Trump's tariff-fueled "Liberation Day." The 10-year yield (^TNX) jumped 17 basis points to kick off the week, a massive 34 basis point swing from a low of 3.87% to a high of 4.21%. The yield extended those gains on Tuesday, climbing as much as 10 basis points to hover at around 4.25%. Similarly,...