As the S&P 500 Index (SPY; peak chart) weakened through October, nosotros saw the traditional flying to lineament alongside 10-year Treasury notes, which hitting a depression yield of 3.4% on the 8th. Since that time, stocks get got made harrowing novel lows, only Treasury yields get got soared, every bit investors get got sold them off every bit well. Perhaps, amidst the glut of borrowing the U.S. of A. volition get got to undertake in addition to the acre of the U.S. of A. economy, Treasuries are losing their luster every bit a rubber haven. That would non bode good for involvement rates inwards general, including mortgage rates--and that would non move proficient for an economical rebound.
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