I'M BACK-! Business Bloomberg•3 hours ago Treasury Yields Hit Highest Since 2007 on Elevated Rate Fears (Bloomberg) -- The US bond-market selloff resumed Monday, driving 10-year yields to a 16-year high, as the persistently resilient economy has investors positioning for interest rates to remain elevated even after the Federal Reserve winds up its hikes. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBig Tech Powers Stock Gains as Nasdaq Business Reuters•3 hours ago Subway nears $9.6 billion sale to Arby's owner Roark - WSJ "Subway does not intend to make any further public comment regarding the process until the transaction has been completed," the company told Reuters in an emailed statement. Reuters reported earlier this month that private equity firms TDR Capital and Sycamore Partners were in talks to team up in their pursuit to acquire Subway, which in February said it was exploring a possible sale of its business. Sources told Reuters then that Subway was targeting well over $9 billion in a deal, and remains uncertain whether TDR and Sycamore can meet its price expectations. Business The Wall Street Journal•8 hours ago Car Prices Might Be Unsustainable for Buyers In 2023, there was only one: the spartan Mitsubishi Mirage hatchback, which accounted for about 5,300 of the 7.7 million new vehicles sold in the U.S. in the first half of the year. For the average American, paying off a new car at current prices demands 42 weeks of income, according to data from Cox Automotive, up from around 33 before the pandemic. Higher interest rates have made the situation more difficult for buyers. Symbol Last Price Change % Change SND Smart Sand, Inc. 2.0200 +0.0900 +4.66%<------------- IDAI T Stamp Inc. 3.0350 +0.2350 +8.39%<----------- SNOW Snowflake Inc. 151.98 +4.35 +2.95%<---------- LYTS LSI Industries Inc. 16.09 +0.04 +0.23% VRT Vertiv Holdings Co 34.56 +0.59 +1.75% TOMZ TOMI Environmental Solutions, Inc. 1.2116 +0.1616 +15.39%<----------