Wall Street is bracing for what comes next after a brutal August and September for stocks
The benchmark S&P 500 index just logged its longest losing streak of 2023, per data from Refinitiv.
  • 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.