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The US 10-year yield crossed 3.06% Tuesday morning, hitting its highest level since July 2011.
Stocks slid on Wednesday, after the Fed left interest rates unchanged despite climbing inflation and some corporate earnings missed analyst expectations.
Stocks closed higher Thursday, boosted by better-than-expected earnings reports.
US stocks tumbled Tuesday after the closely watched 10-year Treasury yield climbed above the 3% level and stocks came under pressure.
The yield has been rallying amid worries President Donald Trump's tariffs are going to spark inflation.
The 10-year hasn't hit 3% since January 2014.
President Donald Trump roiled markets once again Wednesday with tweets that escalated tensions with Russia, erasing recent gains.
US stocks rebounded from a more than 500-point drop on Wednesday after falling earlier after China tariffs spooked investors fearing a trade war.
US stocks saw deep losses Monday amid mounting fears of a trade war and as President Donald Trump continued to publicly criticize Amazon.
Industrial stocks in the S&P 500 dropped as much as 2.6% on Thursday amid trade-war concerns.