The S&P 500 is up more than 14% in 2026 even as the 10-year Treasury yield climbed from just under 4% to 5.3%, underscoring an unusual break from the usual rate pressure on equities. Ben Carlson also notes the top 10 stocks now make up nearly 40% of the index.
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The S&P 500 is up more than 14% in 2026 even as the 10-year Treasury yield climbed from just under 4% to 5.3%, underscoring an unusual break from the usual rate pressure on equities. Ben Carlson also notes the top 10 stocks now make up nearly 40% of the index.
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