India, Sept. 24 -- US stocks opened lower on Thursday as investors worried about inflation and rising bond yields. The sell-off in US government bonds pushed Treasury yields higher, making investors more cautious about stocks.

The Dow Jones Industrial Average fell 0.2%, while the S&P 500 dropped 0.4%. The tech-heavy Nasdaq Composite declined 0.8%. The main pressure on stocks came from the bond market. The benchmark 10-year Treasury yield had risen above 5% on Wednesday, reaching its highest level since 2007. The yield edged lower on Thursday but remained at historically high levels.

The 30-year Treasury yield also climbed to its highest level since 2004. Higher long-term Treasury yields can increase borrowing costs across the economy, i...