Market breadth: The S&P is near a high while over 70% of its stocks sit at least 10% below theirs.
Treasury yields: The 10-year hit 5.26%, its highest level since June 2007.
Gold squeeze: Spot gold fell over 3% as real yields surged.
Q4 setup: After three green quarters for the S&P, the fourth was positive in 19 of 20 cases.
Breadth breakdown: The S&P A/D line broke its 200-day while the index was still within 2% of highs.
Global yields: Average government bond yields jumped above 4% for the first time since 2007.
