Equities: Broad catch-up as yields back up – Danske Bank

Danske Research Team report that Equities moved higher on Monday, with the Nasdaq hitting a fresh record and the S&P 500 just 0.3% below its own peak. Gains occurred despite another backup in long‑term yields, with positive market breadth and an unusual sector mix. The move is described as a broader catch‑up session rather than classic risk‑on or inflation‑relief buying.