(https://www.cnbc.com/2026/05/27/bank-of-america-says-prepare-for-a-summer-correction-after-rally-to-record-highs.html) after the S&P hit record highs — but here's what their technical call is really hiding: the 10Y-2Y spread sits at 49bp (normal), yet duration-sensitive sectors are already rotating hard while breadth collapses.

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