Where Is The S&P 500 Breakout?
January 14, 2024 at 14:40 PM EST
The S&P 500 once again didn't manage to break above 4,835, even as bond yields retreated. The HYG fund lagged behind, and the Russell 2000 remained muted. The 2-year yield dramatically retreated to 4.14% - a move that the 10-year didn't mirror.
