Some Factors Threatening Trump Rally

Some Factors Threatening Trump Rally
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The Dow Jones Industrial Average continues to climb toward the 20,000 level, helped by the rout underway in bonds as interest rates soar. The yield on 10-year U.S. Treasuries jumped above 2.5 percent on Monday for the first time in more than two years. While lower bond prices are driving capital into stocks, they could also be sowing the seeds of the stock rally's eventual demise. The U.S. dollar’s surge could be the proverbial "canary in the coal mine" that something's amiss.

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