Stocks fall after weak auction of 10-year notes

A weak auction of Treasury notes is putting the pressure on both stocks and bonds.

The Dow Jones industrial average fell more than 70 points Wednesday after the government sold $19 billion in 10-year Treasury notes. The government had to lure buyers with a higher yield than the market anticipated.

The 10-year note's yield, which is closely tied to interest rates on mortgages and other consumer loans, jumped to 3.99 percent, …