Bond Yields Hit 24-Year Highs as Dow Drops 341 Points

Thursday's Daily Update: Treasury yields pressure stocks, Navy Federal raises a flagship card fee, CMS sets a December transparency deadline, broccoli seed recalls expand, Frontier's $149 change fee, and an FBI warning on agent impersonation scams.

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U.S. markets slipped as long-dated Treasury yields reached levels not seen since 2002, while consumers face new card, travel, health-plan and fraud risks heading into late fall.

Dow fell 341 points and the 30-year Treasury yield touched 5.70% on Wednesday's close.
Navy Federal's legacy Flagship Rewards card fee rises to $95 on November 2 renewals.
CMS finalized employer price-transparency rules with a December 7, 2026 effective date.
Eden Brothers recalled Calabrese broccoli seeds tied to supplier lot W4105 after Salmonella tests.
Frontier charges $149 to change Basic fares booked after Sept. 25 when travel is inside 59 days.
FBI Newark warns scammers spoof real agent names even when callers verify IDs with the agency.

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Stocks

Dow Falls 341 Points as 30-Year Treasury Yield Hits 5.70 Percent

U.S. stocks retreated Wednesday as long-dated Treasury yields touched multi-decade highs—the Dow fell 341 points, the S&P 500 closed at 7,801.77, and the 30-year yield reached 5.70 percent before a $39 billion 10-year auction steadied shorter maturities.

Nina Okonkwo Oct 8, 2026