Stock Market Today: Treasury Yields Pull Back; Bitcoin Drops -- Live Updates

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Dow futures hold steady in early tradingYields on longer-dated Treasurys retreated early Friday, after settling atDespite the bond reversal, U.S. stock futures and global indexes remained under pressure on Friday. Surging borrowing costs have weighed on stocks, with key indexes sinking Thursday to extend this month's selloff.The 10-year U.S. Treasury yield fell back toward 4.2%, after settling at the highest since November 2007. Yields and prices move inversely. Longer-dated U.S.

The yen rose after Japan reported the strongest growth in services prices since 1998. The pound fell after unexpectedly weak U.K. retail-sales data.Selling pressure picked up after a long stretch of placid trading, with the digital currency recently trading at about $26,500.

 

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