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  • May 19 S&P 500 Suffers Third Straight Loss as 10-Year Yield Sprints to 4.66% Ahead of Nvidia Print

May 19 S&P 500 Suffers Third Straight Loss as 10-Year Yield Sprints to 4.66% Ahead of Nvidia Print

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Market

“Three months of closed tanker traffic through the Strait of Hormuz has pushed average U.S. gasoline prices up 43% year-over-year to $4.53 a gallon.😊 😋

Equities are feeling the crushing weight of the bond market, where the 10-year yield touched 4.66%

Wall Street gave back more of its record-setting spring rally this Tuesday, shifting into a defensive posture as escalating bond yields increased borrowing friction across the economy.

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