S&P 500 Worst Day Since October 2020
The U.S. bond market’s 10-year inflation forecast jumped to a record 2.785%,
while the yield on the benchmark Treasury bond rose 5 basis points at 1.77%.
A bear market occurs when broad market prices fall at least 20% from the most recent high over a few months.
A stock market correction is when the market falls 10% from its 52-week high.
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