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The Treasury Department said Wednesday that it will more than double the size of government-debt buybacks, sending yields sharply lower and stocks higher at the market open.
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Treasury announces upscaled buyback operation for longer-term debt, sending yields lower CNBCStock futures jump as Treasury action relieves bond market pressure: Live updates CNBCBonds Bounce as Treasury Buyback Boost Shows Willingness to Lower Long-Term Yields Barron'sBon
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Fundstrat's Mark Newton says it's not time to panic about surging bond yields driving a deeper stock rout. He offers technical evidence to back his case.
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Stock futures are little changed as tech slips, oil prices rise: Live updates CNBCTech selloff weighs down Wall Street as bond yields climb ReutersGlobal bond sell-off pressures stocks: AlphaCheck Yahoo FinanceStocks and Bonds Find Respite After Days of Strain: Markets Wrap Bloomberg.com
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