World & BusinessU.S. stocks reportedly turn lower as 10-year Treasury yield tops 5.1%
A market recap shared September 24, 2026, says the 10-year yield touched 5.11%, its highest since 2007, after the composite PMI came in at 57 versus expectations of 53.
TLDR
A market recap shared on September 24, 2026, says U.S. stocks reversed lower and the 10-year Treasury yield reached 5.11% after stronger-than-expected PMI data. It says headlines suggesting Iran was willing to negotiate had initially supported stocks before the economic figures shifted sentiment. The recap argues that strong business activity raised concerns about persistent inflation and the possibility of further Federal Reserve tightening—even if oil prices ease.