Long-term bond yields hit a 16-year high, weighing on stocks. The S&P 500, Nasdaq and Dow retreated 1.3%, 1.6% and 1%, respectively.

Long-term bond yields hit a 16-year high, weighing on stocks. The S&P 500, Nasdaq and Dow retreated 1.3%, 1.6% and 1%, respectively. https://ift.tt/wWD9P2o