Bond yields crank higher and pull US stocks further from their record

NEW YORK (AP) — Yields in the U.S. bond market again reached their highest levels in roughly two decades and knocked U.S. stocks further from their record high. The S&P 500 fell 0.8% Monday. The Dow Jones Industrial Average dropped 0.7%, and the Nasdaq composite lost 0.9%. The yield on the 10-year Treasury jumped to [...]