The 10-year hit the key 3% level for the first time since 2014 — and it could have big implications for stocks
The 10-year yield climbed above 3% for the first time since January 2014.
The yield has been rallying amid worries that tariffs announced by President Donald Trump will spark inflation.
Those worries have some suggesting four rate hikes by the Federal Reserve could be back in the picture for this year.
Stock traders have been wary of rising interest rates, worrying it could dampen interest in shares.
Yields on 10-year Treasury notes on Tuesday morning finally reached the elusive 3% level, which
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