Tortoise Senior Portfolio Manager Rob Thummel in Kiplinger

Stock Market Today: Stocks Finish Mixed as Treasury Yields Stabilize

Stocks started the day in the red as the 10-year Treasury yield topped 5%, but finished well off their session lows.

All eyes were on government bonds Monday as the 10-year Treasury yield topped the 5% level for the first time since mid-2007. This sent stocks lower at the open, though the main indexes were in positive territory by lunchtime as yields on Treasury bonds pulled back.