30-year US Treasury yield hits highest level in 19 years

calculations for stocks’ value and higher bond yields can also pull investors away from stocks.

US stocks were slightly lower Tuesday: The Dow fell 150 points, or 0.3%, and the S&P 500 fell 0.2%. The Nasdaq was down 0.3% after briefly falling more than 1%.

Two-year Treasury yields have also surged to their highest level in over a year. Two-year yields continue reading …