I suspect that the Treasury/Fed Combo is cheerleading the bond market today. Makes it look like no inflation is coming down the track. I guess the light at the end of the tunnel is the "gravy train".

Don't worry. Be happy.... Smash.

You really have to look at the decline in long rates and the lift in short rates to be the Treasury canoe tipping and the U.S. equity market about to go down with the canoe. An inverted yield curve has never in my recollection or study resulted in a strong equity market.

So it's only a matter of time. That means the current rally is giving those in the know the opportunity to sell into strength.

Remember, successful traders know that the key is to buy into weakness and sell into strength.

P.S.-- the data table on bond yields at Yahoo finance, once reliable, is now garbage, and has been since they changed their format a couple weeks ago. Somebody at Yahoo ought to wake up before they lose their following on this data.