US stocks trade mixed as bond yields jump after Fed officials stay hawkish

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US stocks climb as bond yields slip from 16-year highs

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  • US stocks moved higher on Thursday, while bond yields fell. 
  • The Dow Jones Industrial Average gained more than 100 points. 
  • The 10-year yield retreated from a 15-year high to about 4.606%. 

US stocks closed in the green on Thursday as bond yields retreated from multi-year highs.

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