Treasury yields fall despite rate hike concerns hitting tech stocks

Treasury yields dipped despite worries about interest rate hikes causing a tech stock downturn, with the 10-year U.S. Treasury note dropping to 4.481%. This decline suggests investors might still be seeking safe havens despite market turbulence. The drop could indicate underlying confidence in the economy or a shift in investor sentiment towards bonds as a stable asset amid tech sector volatility. This move underscores the complex interplay between interest rates and market sectors.