Apple Inc. (NASDAQ:AAPL), Facebook, Inc. (NASDAQ:FB) – Tech, Growth Stocks Under Pressure As Treasury Yields Rise

Apple Inc. (NASDAQ:AAPL), Facebook, Inc. (NASDAQ:FB) – Tech, Growth Stocks Under Pressure As Treasury Yields Rise

After some relative calm on the interest rate front, another jump in the 10-year Treasury yield seems to be pressuring stocks this morning, a day after major indices closed at record highs.
With optimism on the vaccine and a newly inked stimulus package, investors appear to be selling safe-haven Treasuries on optimism about the economic recovery. At the same time, there seem to be…

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