- US stocks' early-year rally has ground to a halt in recent months.
- The benchmark S&P 500 index just notched its longest losing streak of 2023, per Refinitiv.
- Its losses come with Wall Street fretting about slumping bond prices, with 10-year Treasury yields hitting a 16-year high Monday.
US stocks are now on their longest losing streak of 2023, with an unprecedented sell-off in longer-duration bonds spooking Wall Street and weighing on equities.