U.S. Stocks Plunge Amid Potential Government Shutdown and Surging Bond Yields

U.S. stocks tumble amid surging bond yields and potential government shutdown   US stocks plunged on Thursday as bond yields surged following the Fed’s policy meeting. The 10-year US Treasury rate jumped to a high of 4.49%, its highest level since October 2007. A potential government shutdown also could be imminent as the House went on recess after failing to pass a funding bill. US stocks plunged on Thursday, extending their week- and month-long decline, as bond yields surged following the Federal Reserve’s meeting on Wednesday. The 10-year US Treasury rate jumped to a high of 4.49% on Thursday, representing…