New York, Dec 23, 2024 (AFP) - US stocks mostly fall as Treasury yields climb

NAMPA / AFP

2024-12-23

Wall Street stocks mostly fell early Monday to start a holiday-shortened trading week as rising Treasury bond yields challenged a year-end rally. The final five days of a trading year and opening two sessions of the new year are known as a period of a potential "Santa Claus rally." But the rise of the 10-year US Treasury note "has the potential to be the Grinch that stole the Santa Claus rally if it keeps rising," said Briefing.com analyst Patric......

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