Nominal GDP

The S&P 500 is caught between industrial strength and technology-sector weakness as investors question the payoff from heavy AI investment. Traders are watching 7,500 as immediate support and 7,800 as the level needed to revive upside momentum.

Some analysts see the 10 year Treasury yield climbing to 6% as debt, deficits and capital competition pressure bond markets. For bitcoin, the key question is not simply how high yields go, but whether the rise reflects Federal Reserve tightening or doubts about fiscal sustainability.