If you look at the Standard & Poor's 500 Index ($INX +0.47%), it's still all good. Volatility is nil. New records are being bagged each day. It looks like we're on the path to economic deliverance.
Maybe. But the good feelings aren't shared everywhere. In fact, the world's largest and most important market -- the market for U.S. Treasury bonds -- is warning of serious trouble despite the stock market's euphoria. Long-term bonds are rallying hard, in an apparent bid for safe-haven assets by fixed-income traders.
Read Full Article »
