Treasury Yields Hit 5%; Fed Waits on Rates; SEC Seeks Ripple Dismissal; Biden Touts Israel Trip, Proposes Ukraine Aid; Republicans Reject Rep. Jordan for House Speaker
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U.S. 10-year Treasury yield hits 5% for the first time since 2007, causing swings in stock and bond markets.
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Fed has room to wait for data before deciding on next rate move, says Dallas Fed President Lorie Logan.
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SEC asks judge to dismiss charges against Ripple executives Larsen and Garlinghouse.
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Biden touts success of Israel trip, while proposing $105B foreign aid package including $60B for Ukraine.
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Republicans reject Rep. Jim Jordan for House Speaker a third time as opposition deepens.