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Tech Is Sole Market Sector Up as Treasury Yields Hit Decade Highs

Tech Is Sole Market Sector Up as Treasury Yields Hit Decade Highs

Technology has emerged as the sole bright spot in the S&P 500, being the only one of the index’s 11 sectors to record gains since Sept. 1. This divergence comes as Treasury yields have surged to multi-decade highs, exerting downward pressure on all other areas of the stock market.

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