Stock Market Today: Stocks Rise as Treasury Yields Retreat

A slow start turned into a fine finish for stocks as the bond market stabilized.

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It was a slow start for stocks Thursday as the possibility of a government shutdown kept investors on tenterhooks. However, the main benchmarks turned higher mid-morning as Treasury yields eased, and continued climbing into the close.   

While concern that the U.S. government is on the brink of a shutdown initially pressured investor sentiment Thursday, a retreat in red-hot Treasury yields had markets turning higher about an hour or so after the open. Yields on the 2-year and 10-year government notes are at their highest points in nearly two decades, though today they pulled back from these notable levels.

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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.