So are treasuries telling us that its long stocks for longer...?
Been a bit of movement lately...
^TNX 10yr Notes appear to be looking for a longer term bullish trend based on a few indicators.
TREASURIES-Bonds fall as recovery hopes fuel risk appetite
NEW YORK, Dec 22 (Reuters) - U.S. Treasury debt prices declined on Tuesday as optimism over an economic recovery led investors to favor stocks and riskier assets over safer, low-yielding government debt.
Data showing a surprisingly strong 7.4 percent increase in existing home sales in November fanned hopes that nascent growth would accelerate next year. That news eclipsed government data revising down its third-quarter reading on gross domestic product...
http://www.reuters.com/article/idUSN2211710320091222
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