SPXT - Bond Yield Breakout Will Likely Fuel Acceleration Of Stock Prices

• Last week, it was all about Reddit "trading hordes" making hedge funds sweat, and fears that a major player would fold as margin calls would rain down and create a liquidity crisis.
• I have been focusing on the rise of the US Ten-Year Note yield for the past few weeks, primarily because most long-term mortgage rates are based on this benchmark.
• The New York Stock Exchange Advance Decline line recovered last week, making a new high and once again giving an all clear to the uptrend in the stock market.

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