It looks like Treasury yields finally got high enough to trigger a big rotation out of stocks...

|By:, SA News Editor

It looks like Treasury yields finally got high enough to trigger a big rotation out of stocks and into fixed-income. Something seemed to snap when the 10-year rose to 2.20% this afternoon - the resulting action saw money pour out of equities (SPY -1.4%) and into Treasurys (TLT -0.3%), with the 10-year yield falling back to close at 2.14%.