10-year yield: The US 10-year Treasury yield hit 5.10%, its highest level since 2007.
Market breadth: Just 15% of S&P 500 industry groups trade above their 10-week averages.
Mortgage rates: The 30-year fixed rate jumped to 7.12%, the highest since May 2024.
Oil shipping: Gulf-to-Asia VLCC day rates surged to a record $1.1 million.
Sector split: The S&P sits near highs while Financials are 10% below their 30-day peak.
Flash PMI: US composite PMI hit 58.4 as growth collides with capacity strain.
