Rising Bond Yields, Interest-Rate Worries Drag Stocks Lower

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Rising Bond Yields, Interest-Rate Worries Drag Stocks Lower
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The highest bond yields in more than a decade prompted another stock-market selloff, as the possibility of a prolonged higher interest-rate environment sank in across Wall Street.

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Shares of Cisco fell after the network-equipment provider said it plans to buy cybersecurity firm Splunk for $28 billion.

The highest bond yields in more than a decade prompted another stock-market selloff Thursday, as the possibility of a prolonged higher interest-rate environment sank in across Wall Street.Continue reading your article with

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