Thursday, May 22, 2025Market indexes broke the spell today about high bond yields providing a headwind for equities. This doesn’t appear to have as much to do with the overall levels — the 30-year at +5.05% is the highest it’s been in 18 years — but that they have moderated from yesterday’s spike and this morning’s heated levels.That said, the major indexes took a dive in the final half-hour of trading today, finishing flat overall on the Dow, S&P 500 and small-cap Russell 2000. The Nasdaq, which also tacke ...