Stock Market Today: Global Bond Rout Deepens, Nasdaq Futures Slide — Live Updates - WSJ
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- Bond selloff deepened across global markets, with the U.S. 30-year Treasury yield climbing to its highest level in 19 years.
- Nasdaq futures slid as the Dow, S&P 500, and Nasdaq were set to open lower, with Home Depot earnings on tap.
Why it matters: A 30-year Treasury yield at a 19-year high signals a structural shift in long-term borrowing costs that reverberates through every duration-sensitive asset class. With Home Depot reporting next, investors get an immediate read on how sustained higher yields are flowing through to corporate earnings and forward guidance.
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