Daily Pulse · · 08:30 NY · 11 min read · market

Classical columns and a golden sphere with light waves — central banks hold the bond market’s fate as yields hit multi-decade highs from Tokyo to Washington

Bond Rout, Day Two: The US 10-Year Tops 4.8%, Its Highest Since November 2023

In this edition

neutral Temperature 49/100

Cooling / below the 50 line

Index moves

Index1D1W
Rubin 100 -1.79% -2.68%
HALO 100 -1.60% -3.89%
Euro-AI 50 -2.26% -2.54%
AW40 -1.73% +2.32%

Pattern alerts

  • QQQ lost-50 WARNING
  • IEF below-veto-line BEARISH
  • BNDX multi-year-support WARNING
  • GLD lost-400 BEARISH
  • XLE leader BULLISH

§1 — Lede

🟡 Day two of the global bond rout: the US 10-year yield touched 4.81% this morning, its highest since November 2023, Japan's 10-year holds above 3% for a second session, Germany's is at a 2011 high and Britain's is a hair under 5.3%. Oil above $90, rate-hike bets in three currencies and a wall of new debt are doing the pushing. Stocks are lower everywhere, Tokyo and Seoul hardest.

C — free account

The free C account unlocks the full Daily Pulse — every section of this read.

One tap with Google or one email — no password, no card. You are signed in until you sign out, on this browser, from then on.

Join the Look — free

Already joined on this browser? The full edition shows automatically — if it doesn't, sign in again here. Looking for the archive, portfolios and realtime? That is C+.

Market X-Ray The market-structure toolbox — regime, dispersion and stress on one surface. Open the X-Ray →