US equity markets posted their biggest falls of 2018 as US 10-year Treasury yields hit their highest level since April 2014 above >2.70% - Dow down -177-points or -0.67% for its biggest single session decline since early September last year. The broader S&P500 lost -0.67% and the technology-centric NASDAQ -0.52%. In merger and acquisition (M&A) news, Dr Pepper Snapple Group jumping 22% after the company said it would be acquired by Keurig Green Mountain.
