The major indexes declined Tuesday with the Dow Jones Industrial Average closing down 0.86%, while the S&P 500 shed 0.29% and Nasdaq Composite slipped 0.09%. Cramer called the day's moves a "sobering reaction to the potential unfunded tax cuts from the bond market," as both the 10-year and 2-year Treasury yields surged more than 4%. The bond market and the stock market usually have a negative correlation, with investors coming in and out of each depending on yields.
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