US futures sink after 10-year Treasury yield tops 5%: Stock market news today

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The 10-year Treasury yields passed a key milestone, underlining the 'new normal' of higher-for-longer rates.

US stock futures fell sharply on Monday after the benchmark 10-year Treasury yield rose above 5%, as investors increasingly accept interest rates will stayThe ongoing sell-off in bonds and worries about an escalation in Middle East hostilities are weighing on the market, as it waits forThat helped lift yields on US government bonds, seen as a "safe haven" in times of economic uncertainty. The 10-year yield was last up over 8 basis points at 5.

Elon Musk acted like a 'little baby' and was 'almost in tears' on Tesla's 'terrible' earnings call, analyst says Kevin Paffrath slammed Elon Musk's comments on Tesla's third quarter earnings call in an interview with Yahoo Finance this week.If you take CPP benefits at 60 you'll get a lower payout, but you may be able to make up for it The post Want to Take CPP Benefits at Age 60? Do This First appeared first on The Motley Fool Canada.Here are two of the most reliable TSX dividend stocks you can buy on the dip amid the ongoing market selloff.

This college student says she lives free in her uncle's investment property — but still collects rent from her friends and pockets the cash. Is she 'greedy' or resourceful? -- Hyundai Motor Co. has agreed to a deal with Saudi Arabia’s sovereign wealth fund to develop a more than $500 million car assembly plant, joining electric vehicle maker Lucid Motors Inc. in producing cars in the oil-rich kingdom.

I was all set for my trip, or so I thought. That's when my friend told me to always keep a bread clip when traveling. The reason is quite clever.HONG KONG — World shares slumped further on Monday as higher risks of broader conflict in the Middle East clouded market sentiment and higher bond yields pressured stocks. The yield on the 10-year Treasury was at 5% early Friday.

 

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