US stocks erase early gains to turn mixed as spiking bond yields weigh on tech shares (bevans@insider.com (Brian Evans)/Insider: Tech)

bevans@insider.com (Brian Evans) / Insider: Tech
US stocks erase early gains to turn mixed as spiking bond yields weigh on tech shares – The 10-year Treasury yield jumped as much as 10 basis points as markets weighed views that the Fed will not slow down its rate hikes.Stocks ended Thursday lower as bond yields surged and traders weighed more rate hikes from the central bank. Getty Images US stocks gave up early gains …

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