Market Brawl Breaks Out Ahead of Fed With Tech, Bitcoin Battered By Bloomberg
(Bloomberg) -- A surge in bond yields ahead of the Federal Reserve’s highly anticipated policy meeting is wreaking havoc across the stock market’s speculative corners. The Nasdaq 100 fell as much as 1.5% on Wednesday as long-dated Treasuries continued to sell off, pushing 10-year yields to 1.67%, the highest since before the pandemic.. The tech pain was widely felt, with high-flying names such...
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