Geopolitics Alpha

Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take

Published . Updated .

Wall Street was hoping last week’s bond rout was the worst of it. Monday indicated otherwise.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond

    Treasury bonds move when yields change

  • SHY iShares 1-3 Year Treasury Bond

    Short-term bonds move when the Fed changes rates

  • SPY SPDR S&P 500

    Stocks move when the Fed changes the rate path

  • JPM JPMorgan Chase

    Bank profits move with lending and interest rates

  • BAC Bank of America

    Bank profits move with lending and interest rates

  • GS Goldman Sachs

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR

    A fund of financial companies

  • KRE SPDR S&P Regional Banking

    Regional banks are sensitive to interest rates

  • HYMB STATE STREET SPDR NUVEEN ICE HIGH YIELD MUNICIPAL BOND ETF

    GA selected HYMB as a RELATED security because its canonical security name directly matches this event's themes: street, yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT———————
IEF———————
SHY———————
SPY———————
JPM———————
BAC———————
GS———————
XLF———————
KRE———————
HYMB———————

Wall Street was hoping last week’s bond rout was the worst of it. Monday indicated otherwise.

Source: MarketWatch

Price since this story was published: State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB)

Since the first closing price after “Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take,” State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB) is +1.20%. The S&P 500 fund (SPY) is +0.29% over the same days, a +0.91% difference versus the market.

HYMB
SPY

Who gains and who loses around State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB)

Companies mentioned with this story

  • HYMB State Street Spdr Nuveen Ice High Yield Municipal Bond Etf

    For “Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take,” State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB) is linked, with no stored direction, high confidence. Reason on file: GA selected HYMB as a RELATED security because its canonical security name directly matches this event's themes: street, yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AGGY Wisdomtree Yield Enhanced Us Bond Fund

    For “Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take,” Wisdomtree Yield Enhanced Us Bond Fund (AGGY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AGGY as a RELATED security because its canonical security name directly matches this event's themes: yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • HYDB Ishares High Yield Bond Etf

    For “Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take,” Ishares High Yield Bond Etf (HYDB) is linked, with no stored direction, medium confidence. Reason on file: GA selected HYDB as a RELATED security because its canonical security name directly matches this event's themes: yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • HYGW Ishares High Yield Corporate Bond Buywrite Strategy Etf

    For “Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take,” Ishares High Yield Corporate Bond Buywrite Strategy Etf (HYGW) is linked, with no stored direction, medium confidence. Reason on file: GA selected HYGW as a RELATED security because its canonical security name directly matches this event's themes: yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • IBND State Street Spdr Bloomberg International Corporate Bond Etf

    State Street Spdr Bloomberg International Corporate Bond Etf (IBND) is linked, with no stored direction, medium confidence in the 28 Sep 2026 story “Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take.” Reason on file: GA selected IBND as a RELATED security because its canonical security name directly matches this event's themes: street, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PDLB Ponce Financial Group

    For “Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take,” Ponce Financial Group (PDLB) is linked, with no stored direction, medium confidence. Reason on file: GA selected PDLB as a RELATED security because its canonical security name directly matches this event's themes: financial, stocks. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB)

On 28 Sep 2026, “Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take” is the story that connects State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB) to this story.

What ties State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB) to the headline is this: GA selected HYMB as a RELATED security because its canonical security name directly matches this event's themes: street, yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Wisdomtree Yield Enhanced Us Bond Fund (AGGY), is listed for a different reason: GA selected AGGY as a RELATED security because its canonical security name directly matches this event's themes: yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB), and the dates in the story

AGGY traded between 41.03 and 42.30 across 20 sessions. The latest close on file is 41.56. HYDB traded between 44.43 and 45.92 across 20 sessions. The latest close on file is 44.51. HYMB traded between 23.06 and 24.17 across 20 sessions. The latest close on file is 23.57.

A simple score for State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB)

46 out of 100

“Bond yields move relentlessly higher, as Wall Street wonders how much more tech stocks can take” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.