Wall Street falls as bond yields hit high dividend stocks

Via Caroline Valetkevitch NEW YORK (Reuters) – Stocks fell on Wednesday as excessive-yielding dividend stocks lost a few of their luster after recent beneficial properties in U.S. Treasury bond yields. Benchmark Treasury yields in a single day hit 2.235 p.c – the very best in additional than a year – and have risen for the reason that remaining week when Federal Reserve Chairman Ben Bernanke raised fears that the Fed would curb its bond-shopping for program faster than most people anticipated. …