Data shows that the 10-year Treasury yield is above 5.3% and crude oil prices are above $100, so why is the market sell-off so weak today?

Today, all three major market indices opened lower. There were many reasons for the market weakness, such as:

The 10-year Treasury yield broke through 5.3%, oil prices returned above $100, and the latest Federal Reserve meeting minutes hinted at a possible future interest rate hike.

These factors all contributed to the market's weakness, but interestingly, the stock market didn't crash today. Instead, the indices rebounded from their morning lows, with a large influx of buyers entering the market.

So, I'm wondering today whether this reflects market resilience or if investors are waiting for the next catalyst before taking larger action.

Therefore, I find today's market performance somewhat perplexing.

What are your thoughts on today's market performance?