Bond yields keep climbing on Tuesday, with the 30-year note reaching its highest level since 2002 as inflationary and geopolitical concerns continue to grip markets. The 10-year yield also climbed and got closer to 5.3%, while the 2-year Treasury note yield was little changed at 11:57 a.m. ET.
Stocks also fell during the session, with the tech-heavy Nasdaq Composite edging down 0.11%, the S&P 500 down by 0.28% and the Dow Jones Industrial Average underperforming with a 0.63% drop.