1 of 1
Story summary
- U.S. stock markets fell as the 10-year Treasury yield jumped to about 5.10%.
- The 10-year Treasury yield rose to 5.11%, matching 2007 levels.
- The S&P 500 slid 0.8% to 7,706.03 points.
- Brent crude for November delivery rose 3.9% to $103.08 per barrel.
- Fed Governor Michael Barr said further rate hikes are likely to reach the 2% inflation target.
