S&P 500 Index in focus as bond vigilantes push US yields to a two decade high

The S&P 500 has wavered as investors shift focus to a highly volatile bond market. After peaking at 7,820 last week, the index has pulled back to 7,640, indicating near-term risk-off positioning driven by fixed-income volatility.

Analysis

The S&P 500 has wavered as investors shift focus to a highly volatile bond market. After peaking at 7,820 last week, the index has pulled back to 7,640, indicating near-term risk-off positioning driven by fixed-income volatility.