Market News / Story
Midday Need to Know: Treasury yields surge, Nestlé lands NBA deal & more
Seeking Alpha ·
Seeking Alpha reports: U.S. equities traded to the downside on Wednesday as investors looked forward to the release of the Federal Reserve's latest meeting minutes later in the day. The blue-chip Dow was last -0.9%, the benchmark S&P 500 ( SP500 ) was -0.5%, and the tech-focused Nasdaq Composite ( ) was last -0.8%. Now, here are 4 news stories that broke in the morning to watch out for: Treasury yields hit fresh 24-year high ahead of 10-year note auction: The benchmark 10-year U.S. Treasury…