Tone Improving as 10-year Crosses Under 3.50%

12:34 p.m. ET It’s subtle and slow, but market tone is improving. The S&P is testing just above its 200-day as the 10-year yield trades just below 3.50%. SP-500 +0.55%, Dow +0.9% (Transports +0.2%), NASDAQ-100 +0.55%, Small Caps +1.25% SP-500 (5m) above the CPI chaotic range from this morning… 10-year yield (15m) below 3.50% SP-500…