The sharp rise in treasury yields has fans of QEII convinced of its success. Annaly (NLY) pulls...

|About: Annaly Capital Managemen... (NLY)|By:, SA News Editor

The sharp rise in treasury yields has fans of QEII convinced of its success. Annaly (NLY) pulls out charts reminding that sometimes a cigar is just a cigar. As stocks have "predicted 9 out of the last 3 recessions," bonds have predicted "2 out of the last 0 recoveries."