The Dow plunged 703 points Thursday to 52,759 as Treasury yields resumed their march higher, with the 30-year yield climbing to 5.248% — its highest level in nearly two decades.
The national debt crossed $40 trillion for the first time this week, spooking investors just one day after Treasury Secretary Scott Bessent's emergency bond buyback had briefly calmed markets.
The Dollar Index (DXY) slipped below 99 to around 98.80, its lowest since mid-May, as...
