I touched on $TYX (30-yr Treasury bond yield, which TLT is the ETF proxy to trade it) towards the end of this video. The other maturities, such as the 10-yr ($TNX or IEF as the ETF proxy), as well as both investment grade corporate bonds (LQD) & junk bonds (HYG & JNK), are all falling as their yields rise…. all of which are yellow & potentially soon to be (if yields continue much higher) red flags to the stock market.

I’d do a more detailed analysis of the various bond segments in an upcoming video. Basically, rising crude = rising inflation = rising bond yields & diminishing odds of future rate cuts until & unless crude & bond yields reverse trend soon & by a decent amount.