Stocks open lower as US 10-year Treasury Yield rises again

Stocks open lower as US 10-year Treasury Yield rises again

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US 10-year Treasury Yield rose back above 1.5% on Tuesday. Stocks in Asia fell and US stock futures also declined.

UK and European stocks have opened lower as investors look nervously ahead to Friday’s nonfarm payrolls data. The US ADP employment report released today may give an indication of what Friday’s numbers will look like.

 

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