A.M. Update -Mega Caps Out of Favor, Small Caps In Favor
11:33 a.m. ET Mega-caps aren’t providing the leadership today that they did yesterday. Although Treasury yields are currently mixed, they are higher than pre-market following this morning’s economic data. The 2-yr yield, which was at 5.02% just before 8:30 a.m. ET, is up 3 basis points from yesterday at 5.07%. The 10-yr yield, which was…