The yield on the 10-year Treasury note has risen above its 200-day moving average, currently standing at 4.19%. This marks a significant increase from 3.6% following the Federal Open Market Committee (FOMC) meeting, representing a rise of approximately 60 basis points. Analysts are observing potential signs of bearish divergence in the yield, although it is not yet confirmed as a market top. The upward trend in the yield is also reflected in various technical indicators, with some traders considering options strategies in response to the changing market conditions.