The S&P 500 just closed at a fresh record high, with Nvidia leading the charge. A batch of economic reports came through stronger than expected, pushing bond yields up and reigniting appetite for growth stocks. When Treasury yields climb like this—fueled by solid economic growth data—it typically signals inflation concerns or Fed rate expectations shifting. For crypto traders watching macro trends, this matters: equity market movements often telegraph broader risk sentiment. Growth names outperforming means investors are feeling optimistic about future earnings. Keep an eye on how these bond yield moves play out over the next few sessions.