U.S. stock futures fell on Tuesday. Dow Jones futures and Nasdaq 100 futures slid over 0.4% each.
The benchmark 10-year Treasury yield climbed to its highest level since 2007 on Tuesday as a sell-off in U.S. government debt deepened ahead of the Federal Reserve’s interest-rate decision.
The 10-year yield jumped more than 6 basis points to 5.025% as of 1.10 a.m. ET. On Monday, the 10-year yield had briefly crossed 5%, before sliding a little.
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