Dow Jones Falls on Rising Yields, ASX 200, Nikkei 225 Tumble

  • Dow Jones, S&P 500 and Nasdaq 100 tumbled -1.75%, -2.45% and -3.56% respectively
  • 10-Year Treasury yield jumped 14bps to 1.525% after a poor seven-year Treasury auction
  • Rising yields may weigh on Asia-Pacific equities amid souring sentiment, tech rout

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Yields Surge, VIX Jump, Jobless Claims, Asia-Pacific at Open:
Wall Street equities had a bloodbath session on Thursday as Treasury yields jumped, with all 11 S&P 500 sectors ending lower….

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