Why stock investors are starting to really worry about rising bond yields

(CNBC) Stock investors are trying desperately to interpret what a rise in bond yields means for the stock market. Since February 10th, 10-year Treasury yields — which are not inflation adjusted — have moved from 1.13% to as high as 1.61%, a rise of 48 basis points, the highest level in a year. (One basis point equals 0.01%)

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