Stock market drops sharply as bond yields surge, leading to worst day in a month

From Dow Jones & Company: 2025-05-21 16:01:00

The stock market experienced its worst day in a month due to a bond market slide following a weak 20-year Treasury note auction. The Dow Jones Industrial Average dropped 817 points, the S&P 500 fell 1.6%, and the Nasdaq Composite dropped 1.4%. Stocks were trading sideways until 1 p.m. ET when weak demand for 20-year notes led to spiking Treasury yields and falling stocks.



Read more at Dow Jones & Company: Dow Drops 800 Points as Bond Yields Keep Rising