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Higher Rates Catch Up With Home-Builder Stocks

27Sep

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Money

Higher Rates Catch Up With Home-Builder Stocks

The home-building industry had been one of the stock market’s best performers of the year until recently.

Rising Bond Yields, Interest-Rate Worries Drag Stocks Lower

The highest bond yields in more than a decade prompted another stock-market selloff, as the possibility of a prolonged higher interest-rate environment sank in across Wall Street.

Rising Bond Yields, Interest-Rate Worries Drag Stocks Lower

The highest bond yields in more than a decade prompted another stock-market selloff, as the possibility of a prolonged higher interest-rate environment sank in across Wall Street.