SPY Will Fail To Clear $770, Yields Pressure Stocks

SPY will fail to close above $770 on September 24, as rising yields and oil gains will keep selling pressure on the index. The S&P 500 closed at 7,706.05 on September 23 and SPY was trading at $767.81 that day, leaving little room for upside. Yields on 2-year Treasuries touched their highest since…