(Reuters) - NEW YORK, June 12 - U.S. stocks headed for a
lower open on Tuesday as rising bond yields stoked fears about
higher interest rates, while a disappointing outlook from Texas
Instruments Inc. soured prospects for the tech sector.
The yield on benchmark 10-year Treasury notes
rose to 5.19 percent. Analysts say a decisive break above 5.15
percent could spook investors into selling stocks. Bond yields
move inversely to prices.
Read more at Reuters.com Bonds News
lower open on Tuesday as rising bond yields stoked fears about
higher interest rates, while a disappointing outlook from Texas
Instruments Inc. soured prospects for the tech sector.
The yield on benchmark 10-year Treasury notes
rose to 5.19 percent. Analysts say a decisive break above 5.15
percent could spook investors into selling stocks. Bond yields
move inversely to prices.
Read more at Reuters.com Bonds News
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