Stock Market Today: Stocks Head South as Treasury Yields Hit New Highs

Expectations for another potential rate hike sent yields on both the 2-year and 10-year Treasury bonds to their highest levels in almost two decades.

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(Image credit: Getty Images)

Stocks continued their post-Fed slump Thursday, with all 11 S&P 500 sectors finishing in the red. 

While the central bank held rates steady at its September meeting, it left the door open for another rate hike by year's end – news that sent Treasury yields spiking to levels not seen in nearly two decades. 

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.