Stocks Dip After Bond Yields Spike & Following Fed Chair Remarks

Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.

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Mortgage Rates Tick Higher

The average long-term U.S. mortgage rate rose again this week, bad news for Americans seeking to upgrade or buy their first home.

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