What’s going on here?

Stocks and crypto are climbing, despite rising treasury yields, with corporate strategies catching investors’ eyes.

What does this mean?

The NYSE Financial Index climbed 1.1%, and the Financial Select Sector SPDR Fund rose 1.3%, indicating solid financial stock performance. Conversely, the Philadelphia Housing Index fell 0.5%, while the Real Estate Select Sector SPDR Fund increased 0.4%, reflecting a mixed housing market outlook. Bitcoin jumped 2.9% to $104,467, underlining cryptocurrency‘s volatility. Ten-year US Treasury yields surged nearly 12 basis points to 4.51%, signaling changing economic expectations. Job growth remains strong, with nonfarm payrolls adding 139,000 jobs in May. Meanwhile, consumer credit…