00:00It's Benzinga bringing Wall Street to Main Street.
00:03The 10-year Treasury yield climbed above 5.17% Thursday after posting its fastest one-day
00:08increase since April 2025 on Wednesday, according to CNBC. The yield was below 4.8%
00:14two weeks ago and below 4.6% at one point in August. 22V research technical analyst John
00:22Roque said rapid increases in the 10-year yield have historically preceded disruptions in financial
00:28markets. He pointed to 16 similar moves over the past five decades. Roque said regional banks are
00:34particularly important to watch, with the SPDR S&P regional banking ETF down nearly 10%
00:40from its recent high. Utilities and homebuilders have also weakened.
00:45JP Morgan's trading desk said investors should watch bond volatility,
00:48which is usually a bigger headwind for stocks than absolute yield levels.
00:52For all things money, visit Benzinga.com.