U.S. stocks were firmly lower early Monday after all three major indexes logged their worst week in three months.
The S&P 500, Dow Jones Industrial Average, and tech-heavy Nasdaq were each off by roughly 0.6% at the start of the trading session.
Meanwhile in the bond market, the benchmark U.S. 10-year Treasury note spiked to 3.49%, its highest level since 2011, while the 2-year Treasury note inched past a 15-year high of 3.9%.
Investors are gearing up for the Federal Reserve’s two-day policy…
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