currently yielding 6.xx%, while the SPY earning yield is about 6%.... this doesn't make much sense to me.
generally speaking the bond market is still bubbled up by all the poor retirees looking for returns... due to the conventional wisdom that 'bonds are safer than stocks'.
when the 10 year is yielding less than 2%, less than the SPY divident yield.... stocks are a screaming buy.... or bonds are a screaming sell.