ETFs that buy long-term Treasury bonds drop sharply after Fed signals higher for longer rates

ETFs that buy long-term Treasury bonds drop sharply after Fed signals higher for longer rates

Exchange-traded funds that invest in long-term Treasury bonds are falling sharply Thursday, as yields continued their march higher in the wake of the Federal Reserve’s meeting on monetary policy.

US STOCKS-Futures drop as yields rise after Fed signals higher-for-longer rates

US STOCKS-Futures drop as yields rise after Fed signals higher-for-longer rates U.S. stock index futures fell on Thursday pressured by a decline in growth stocks as Treasury yields jumped after the Federal Reserve signaled that another rate hike was in the offing this year. Rate-sensitive stocks including Apple, Meta Platforms, Alphabet, and Nvidia fell between 0.6% and 2.3% in premarket trading as the two-year and 10-year Treasury yields scale…