Bond yields crank higher and undercut US stocks as uncertainty drags on about the Strait of Hormuz

NEW YORK (AP) — Yields in the U.S. bond market cranked higher Monday and again reached their highest levels in roughly two decades, which knocked U.S. stocks further from their record high. The S&P 500 fell 0.6% and gave back much of its gain from last week, which had brought it to the brink of […]