Nasdaq slides into correction amid Iran tensions and oil surge

Nasdaq slides into correction amid Iran tensions and oil surge Proactive uses images sourced from Shutterstock 10:55am: Treasury yields spike The 10-year Treasury yield spiked to 4.46% on Friday, hitting its highest level since July. President Trump's decision to delay strikes on Iranian infrastructure didn’t ease investor worries or push oil prices lower, and the bond market reacted accordingly. To put it in perspective, the 10-year yield was around 3.96% before tensions flared in Iran—remember, bond ...