Markets Midday: Stocks Under Pressure, Jobless Claims Fall, 4-Year Milestone For LEI 8-20-2026

I'm Peter Shack. Now, CNBC. Wall Street's major averages are sliding as crude oil prices and treasury yields both rise.That comes a day after the stock market rallied and yields fell as Treasury Secretary Scott Bessant announced the government's intention to increase buybacks of longerdated Treasury securities. Those yields have rebounded today, but Bessant says the Treasury will keep trying to drive yields down. We believe that there are many underlying factors in ter that the market is not looking at and ...