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Worried nervous trader
A trader reacts as he watches screens on the floor of the New York Stock Exchange in New York
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Federal Reserve Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on February 01, 2023 in Washington, DC.
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Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference.
Tech Insider
A trader looks on while waiting for the initial price of Tencent Music Entertainment company's IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 12, 2018. REUTERS/Bryan R Smith
The yield on the 10-year US Treasury surged, trading around 4.8%.