Will the surge in Treasury yields slay the bulls (again)?
So far in 2024 the rise in the 10-year Treasury yield has not significantly impinged on the market’s bullish behavior.
The yield on the benchmark 10-year Treasury Note is causing market-watchers to, well, yield and take notice.
Last fall there was a fairly strong inverse relationship between stocks and the 10-year Treasury yield, with the S&P 500 selling off as the 10-year Treasury climbed toward the 5 percen
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