New York, July 29, 2026 (AFP) - US stocks end sharply lower as bond yields soar

NAMPA / AFP
2026-07-29
Wall Street stocks finished sharply lower Wednesday after the Federal Reserve kept interest rates unchanged while US Treasury bond yields soared. Major US indices lost more than 1.5 percent after the Fed left interest rates level despite persistent inflation in the wake of the US-Iran war. The yield on the 30-year US Treasury note hit 5.2125 percent, a peak since 2007 that suggested skepticism about the Fed's commitment to taking action to lower......
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MPUNGU, 27 July 2026 - Joseph Abaseb, 41, of Farm Huigub, who fixes fences to survive and never went to school because of his disability, receives a wheelchair from the Office of the Vice President. (Photo by: Lylie Joel) NAMPA

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