Market Extra: A broken uptrend in a key government bond yield is a bad omen for stocks

The yield on the benchmark 10-year Treasury note just broke below a rising trend line, to suggest the uptrend off the COVID-19 low in early March has ended, and warns of a similar breakdown coming for stocks.

The yield on the benchmark 10-year Treasury note just broke below a rising trend line, to suggest the uptrend off the COVID-19 low in early March has ended, and warns of a similar breakdown coming for stocks.