Yields are still elevated in the United States, so it can have a part to play in the overall markets.
The 10-year yield has pulled back just slightly during the early part of the trading session here on Thursday, as we had gotten a little bit of momentum to the upside, broken out, and now we have pulled back on Friday. At this point, I think the market is a little bit overdone. It does make a certain amount of sense after a move like this to perhaps grind sideways or pull back a bit. Yields are still extraordinarily high, even though they have cooled off.