Marketplace attention is squarely on the strong rise in government bond yields, which saw the benchmark U.S. Treasury yield push above 1.6% at one point. Bond and note yields move in the opposite direction of their prices, with futures markets focusing on price. The 10-year yield backed off a bit Friday and was fetching 1.475%. Higher bond yields are throwing a scare into the stock market bulls who have had a seemingly free pass to higher and higher share prices in recent months. However, the rising bond yields, if they continue to do so, will erode some investor interest in the stock market. The technology sector of stocks is already spooked. Bond yields are climbing on notions the major global economies will break out of their pandemic shackles in strong fashion during the second half of this year. “Stay tuned!– Jim