Markets today: Stocks slide as weak treasury sale lifts U.S. yields

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A slide in bonds dragged down stocks as another weak sale of Treasuries raised concern about swelling supply that could keep driving yields up at a time when the Federal Reserve is in no rush to cut rates.

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Asian Stocks to Trend Lower After Treasuries Drop: Markets WrapStocks in Asia were mostly set to decline after a US session dominated by a sell-off in bonds, with traders also weighing mixed economic data and remarks from Federal Reserve speakers for clues on the policy outlook.
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Markets today: Stocks slide with bonds as traders look to auctionStocks fell while Treasury yields and the U.S. dollar edged higher as fresh concern U.S. interest rates will stay elevated for longer weighed on markets.
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