We continue to see the 10-year yield rise, with the potential to cause issues in various markets.
The US 10-year yield is where I’m beginning this video. We continue to see the 10-year yield climb, and that has major implications as to what could happen next. This is mainly driven by inflation fears, especially energy inflation, and I think that is something that will remain the story for a while. We are at 4.64% roughly as we roll over into the New York session.