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One would think it's a sleepy day looking at the major averages, but Treasury yields are...
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Friday, December 16, 2011, 12:16 PM ETOne would think it's a sleepy day looking at the major averages, but Treasury yields are dropping sharply. At 1.83%, the 10 year is down to levels not seen since early October, shortly before stocks took off on one of their best months ever. Old faithful, TLT +1.2% for the day and +30% YTD.
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Gold/silver gave up a few days ago.... and 10-year yields finally succumbed today....
i'm a perma-bull, but even I feel that the next quarter will have a major collapse of equities