Bloomberg Market Wrap 6/11: 10-Year Yield, S&P 500 Fades, Sprint

The video discusses the trends in the 10-year yield, highlighting the market volatility and the inverse relationship between bond prices and yields. It also analyzes the recent performance of the S&P 500, noting its rare 5% gain over five days and the historical context of such occurrences. Additionally, the video examines the T-Mobile and Sprint merger, focusing on investor skepticism and legal challenges from states and the FCC's stance.

What does the RSI suggest about the 10-year yield?

What is the significance of the 5% gain in the S&P 500 mentioned in the text?