'We are overdue for a dip': Warnings from Wall Street pile up as rising yields rattle stocks

Rising bond yields are causing concerns on Wall Street, with the 10-year US Treasury yield reaching its highest level since 2007. On Tuesday, the yield hit 5.04% before settling around 4.99%, leading to a stock sell-off. Analysts, including those from Wells Fargo, warn of a potential market pullback as the 5% threshold is seen as a danger zone for stocks. The surge in yields is testing the durability of this year's record-setting gains.

Read More