Ten year yield, back to 2.39%

This is the price the Swamp pays. The Trump Bump Dumped and inflation expectations dropped for a while. The ten year held low around 2.2 for a while. Now it is in a steady climb. Another 10 basis point rise to 2.5% and I think we get a Swamp debt crisis. BofA seems to agree, the rise in yields lowers the risk adjusted value of stocks.  Volatility rises and that disperses the trend of rising stocks, they cannot trend at all in the midst of high volatility.