The yield on the 10-year Treasury surged to 1.75% this morning as investors stopped worrying so much about having a safe haven for money and are keen to take advantage of the performance offered in other markets like the US stock market. Still, investors need to get bullish on growth ASAP. No point in putting your money in a low-yield device like the 10-year when the S&P 500 is making new all-time highs each week.
