Intraday Update – 3C Update

1:20 p.m. ET Oil prices (-0.5%) are rolling over, giving up gains. Yields are still higher from 1 bp (30y) to 6 bp (5 yr) and the Fed-sensitive 2-year up 6bp. SP-500 -0.45%, Dow 0% (Transports -0.7%), NASDAQ-100 -1.35%, Small Caps -1.6% Only 5 sectors are higher and beyond Energy (+1.9%) which is off morning…