Bonds Continue To Warn

Group 1 - Mastercard reported an overall spending increase of nearly 4%, with apparel, restaurant sales, and jewelry leading the growth [2] - Netflix successfully streamed two NFL football games, addressing previous concerns about bandwidth for live sports streaming [2] - Apple received an analyst upgrade from Dan Ives, raising the price target from $300 to $325, as the company approaches a market cap of $4 trillion [3] Group 2 - The bond market is experiencing rising long-term yields, with the 30-year bond rate around 4.79%, a level not seen since April [4] - Higher risk-free rates may reduce the appeal of stocks, as seen when rates climbed earlier this year, leading to a 5% sell-off in stocks [5] - Current oil prices are at $70, with concerns about economic weakening if prices fall below the 50-day moving average of around $69 [6]