There Has Been No Safety in Bonds
We all know stocks have been hammered but the bond market is not doing that much better. I do not remember a time when bonds have performed this poorly. I do not have access to good data but what has happened might be reaching record setting levels in a bad way.
i think the sky rocketing yields has to be an issue for stocks. Until recently, stocks had no competition from bonds. With the 10 year treasury at 3:45%, there might be more interest in bonds.