However, the 10-year U.S. Treasury yield did hit its highest level in over a year this morning, at 2.22%.
Meanwhile, after a small upward move earlier, stocks have retraced their gains, and the S&P 500 is now flat on the day.
More From Business Insider
- Markets Now In Triple-Digit Loss Territory
- ANALYST: The S&P Is Going To 1900
- BYRON WIEN: It's 'Unrealistic' For Stocks To Keep Rallying Like This Without A Correction
- Stocks & Offerings