Friday, 21 August 2026: Treasury yields march higher as US markets decline

US equity markets declined as Treasury yields continued their march higher despite the Treasury Department’s extraordinary debt buyback operation. Dow fell -703 points or -1.32%.The broader S&P500 fell -66 points of -0.87%.Consumer Staples and Healthcare were the weakest, down -1.93% and 1.89% to lead nine of the eleven primary sectors lower. Energy and Real Estate were the only positive sectors, up 0.38% and 0.15% respectively.