Stocks Tick Down After Treasury Yield Hits 5%

Investors have been waiting for the right moment to jump back in the frigid bond market. On Monday, some of them took the plunge. 

A monthslong bond selloff helped push the 10-year U.S. Treasury yield above 5% on Monday morning for the first time since 2007. Some investors saw the milestone as a buying opportunity, quickly pushing yields back to 4.836%. Yields rise as prices fall.