That bell marks the end of regulation API Group, bringing the closing bell with the New York Stock Exchange, Vanguard,

doing the honors at the NASDAQ and a broad-based sell-off on Wall Street today as yields jumped after a rough bond auction at 1 p.m.

The dial off nearly 2 percent. The S&P and NASDAQ also off about one and a half.

Real estate, health care, discretionary, were your biggest laggers.

Communication services seeing the smallest losses as Google helped lift the sector, also known as Alphabet.

The real story, though, was in the bond market with higher yields across the curve.

The 30-year crossing 5%, that's hitting the highest level since October of 2023. The 10-year

yield back above 4.5% of February high. And that move in rates taking the home builders and

home-related stocks down again today. That sector ETF falling more than 3%. Also retail in focus

today. Target, TjX, lows all lower on earnings. Target, the big loser, as EPS comes in 19% below consensus. The company slashes guidance. The stock was down more than 5%. Financial's also taking a hit on economic concerns with all but two names in the sector ending lower.

Well, that's the scorecard on Wall Street.

Welcome to closing bell overtime, where we're going to stay late.

I'm John Ford.

Morgan Brennan is on assignment.

As Bitcoin soars to a new all-time high, we're going to talk to the Trump administration's

AI and Crypto Tsar, David Sacks.

This says Congress is grappling with the idea of a U.S.

dollar stable coins, kind of stuck in the Senate. Meanwhile, it's all red across the board today.

Major averages posting their worst session since April 21st, a spike in yields putting pressure on stocks after the poor 20-year bond auction earlier this afternoon.

The 10-year went back above 4.6 for the first time since February, 30-year hovering above

5%, as I said.

Here, now to break down today's sell-off, Robert Durand, BD8 Capital founder and CIO, and

...