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Nasdaq Drops as Bond Market Rally Stalls Despite Treasury Buybacks

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • The bond market rally stalled, pressuring equity markets as the Nasdaq Composite slipped 0.5%.
  • Although bond yields eased slightly following the Treasury's announcement to boost buybacks of long-dated debt, broader stock market sentiment remained subdued.
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29433.77 +16.14% over the displayed period

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