Nasdaq 100 futures drop over 1% as US Treasury yields hit 2007 highs

Nasdaq 100 futures fell by more than 1%, while S&P 500 and Dow Jones futures declined by 0.64% and 0.48% respectively, according to Gate data. The market movement follows comments from Federal Reserve official Williams, who suggested that another interest rate hike before the end of the year is reasonable. Additionally, yields on 10-year and 30-year US Treasury bonds have reached their highest levels since 2007.