Stocks also dropped, and U.S. crude oil neared $90 per barrel.

U.S. to Buy Back More Longer-Term Bonds

Normally quiet, the bond market can occasionally send warning signals loud enough to hit stock markets worldwide and even grab the attention of U.S. presidents and other world…

Treasury yields climbed this week, with yields on 10-year, 20-year, and 30-year Treasury notes reaching their highest levels in years.