Markets, Rising Treasury Yields, and the Latest Business News

Wall Street’s decline and rising Treasury yields are the focus, alongside the effects of higher borrowing costs on housing and other business developments. The update also reviews a report about Webull, diesel-tax rules for truckers, and upcoming economic data and earnings.

■ Markets and housing
- Stocks, Treasury yields, and views on bonds as an alternative to equities
- Rising mortgage rates and a decline in pending home sales
■ Business and policy
- A congressional report alleging ties between Webull and China, and the company’s response
- The deferred excise tax on red-dye diesel used by truckers
■ What’s next
- PepsiCo earnings, weekly unemployment claims, and retail sales data

For investors, homebuyers, and readers following business news, this briefing provides a concise overview of the developments covered. It offers context for tracking the listed market and economic updates, but does not provide investment or mortgage advice.