Wall Street Opens Lower As 10-Year Yield Hits Highest Since January 2025

US stock indexes opened lower in the September 1 session. The move came as the 10-year Treasury yield rose to its highest level since January 2025, according to Investing.com and Yahoo Finance. Higher yields make bonds more attractive relative to stocks and raise borrowing costs across the economy, which weighs on equity valuations. Oil prices also rose in the same session, adding a second source of pressure on risk appetite. Investing.com reported that the combination of high yields and firmer oil prices was denting sentiment heading into the trading day. What remains unresolved is whether the yield move reflects a durable repricing of interest-rate expectations or a shorter-term reaction to recent data and Fed commentary. The next major data points and Fed communications will determine whether yields continue climbing or retrace.