BILS - Rising Bond Yields And The Market's Breadth Remain In Lockstep

February, 24 2021 04:00 AM SPDR Bloomberg Barclays 3-12 Month T-Bill

The battle between bond traders and the Federal Reserve is starting to heat up as bond yields wrestle with crucial overhead resistance and the broad market continues in lockstep with bond yields.
My rationale has been that as the Fed continues with QE the bond market has been showing its inflationary concerns.
Shares of Raytheon Technologies seem to be poised for a big upside move, an especially bullish development since there are no major news regarding the company and there are no major voices talking the stock up.

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Company Name:	SPDR Bloomberg Barclays 3-12 Month T-Bill
Stock Symbol:	BILS
Market:	NYSE