Dow Jones drops 35 points as Wall Street wobbles
NEW YORK, New York - A sharp rise in U.S. Treasury yields kept buyers at bay on Wall Street on Monday.
"Most stock market participants are a little shook ... by the huge increase in yields for a second straight day," George Cipolloni, portfolio manager at Penn Mutual Asset Management told CNBC Monday. "The move in the 2-year over two days is incredible. And I think that's driving most of the moves."
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