Treasury yield broke the downtrend line from the October ’23 high-yield tick in the 10-year of 4.99%, and now we are working back up towards the 4.99% level from 14 months ago.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...