The U.S. 10-year Treasury yield is likely to continue rising, with key resistance at October's peak of 5.021%, said Quek Ser Leang, markets strategist at UOB's Global Economics & Markets Research ...

A focus chart in our weekly "Charts to Watch - Global Market Update" is Chart 32, High-Yield Bonds vs. S&P 500 Index. Credit instruments, like high-yield bonds, are positively correlated to equities.