SpaceX CEO Elon Musk speaks to the press next to US President Donald Trump, House Speaker Mike Johanson and Nvidia CE Jensen Huang after a meeting about artificial intelligence at the White House (Kent NISHIMURA) US and European stocks traded mainly lower Tuesday despite oil prices retreating from a recent surge, as bond yields pushed higher and investors waited for key inflation data. The US 30-year Treasury yield touched 5.62 percent, a level not seen for 24 years, while the benchmark 10-year yield stood at 5.25 percent, remaining at its highest level since 2007. "While energy prices pulled back a bit today, yields did not," Art Hogan, from B. Riley Wealth Management, told AFP. "Higher yields continue to pose a significant headwind for investors.
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