The 10 year bond is up to 2.27%. This is up from 2.24% at the start of the NY session. Last week it fell below 2% on the Ebola scare.
Gold is falling sharply (down over 1% in trading today). See post at Technical Trading Analysis: Gold falls to week lows
The beneficiary is the stocks Dow is up 225 or 1.37%. The S&P is up 24 points or 1.28% and the Nasdaq is up 65 points or 1.49%.
It sure seems like there may be some reallocation going on as fund managers feel the squeeze from the volatile markets last week.
US stocks up strongly.
