10-Year Yield Above 5%, Oil Near $90, Bitcoin Tests Rally
The 10-year Treasury yield remains above 5%, crude oil is hovering near $90 a barrel, and Bitcoin is attempting to move higher, as these three key indicators could determine the longevity of the current stock market rally.
The S&P 500 remains near record levels, but three charts may indicate how much longer the market can keep holding up: the 10-year Treasury yield, oil prices and Bitcoin (BTC). The 10-year yield is still above 5%, West Texas Intermediate crude is near $90 a barrel, and Bitcoin’s price is trying to st…