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US stocks stage midday comeback rally as the 10-year Treasury yield retreats

US stocks stage midday comeback rally as the 10-year Treasury yield retreats

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12:05pm: US equities rally a day after rout US stocks increased higher midday in a comeback rally as the 10-year Treasury yield retreated. The 10-year Treasury Treasury yield eased on Wednesday to trade near 1.5% after touching a high of 1.567% the day before, helping to cause a major market retreat.

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