The stock market fell after its return from the long weekend, with memories of past September struggles top of mind.
The Dow Jones Industrial Average fell 249 points, or 0.6%. The S&P 500 dropped 0.7%. The Nasdaq Composite fell 0.8%.
The yield on the 2-year Treasury note was up to 3.66%. The 10-year yield jumped to 4.28%. The 30-year rose to 4.97 after briefly spiking to 5%. The bond market slide followed moves overseas, where yields of U.K., German, Dutch, and French debt hit their highest levels in more than a decade.