Reuters/Brendan McDermid
- US stocks traded mixed as investors digested the latest moves in the Treasury market.
- After surging above 5% early Monday, the 10-year US yield dipped 8 basis points to trade around 4.84%.
- Meanwhile, investors are waiting on another big week of corporate earnings.
US stocks traded mixed Monday as investors assessed intraday swings in the bond market and braced for a wave of incoming corporate earnings.
After briefly topping 5% early Monday morning, the yield on the 10-year US Treasury fell to around 4.84% in the afternoon. That decline allowed stocks to regain some footing.