Invesco QQQ (QQQ): ETF Research Reports A rather lackluster start to Q4 earnings among the first major sector to report en masse — the big Wall Street banks — along with 10-year and 2-year Treasury yields on the rise to their highest levels since 2019 have joined to form a bearish dark cloud over the markets of the past couple weeks. One sector clearly not feeling bothered by rising inflation/interest rates are Housing Starts and Building Permits for December, which far outperformed expectations and leaped to highs not seen since March of 2020.