Dow Sinks As 10Y Yield Hits 2002 High; Accenture Beats — SkimNews
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- The 10-year Treasury yield climbed to its highest level since 2002 as a global bond rout gathered pace, rattling markets worldwide and overshadowing hopes for AI stocks.
- Accenture vaulted higher after delivering a fiscal Q4 earnings beat, standing out as a bright spot in a session dominated by the bond-driven selloff.
Why it matters: A 10-year Treasury yield not seen since 2002 repriced equities across global indexes and knocked down AI-exposed names, making Accenture's post-earnings surge the standout exception in an otherwise broad decline.
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