Watch the bonds

That's what we saw earlier this morning on Yahoo Daily Ticker.  So, what have bonds been doing lately?  On the 30 year, it has been down.  But I wanted to see the 10 year.  That took a little extra work, but here it is:

Looks like we have a bit of a downtrend here. I'd say that the bond market is saying that we've got some wiggle room on the debt. But as you can see, the earlier indications were a rising bond yield. That could mean all the tough talk on the debt is causing rates to fall. This is good, but not so good for stocks right now. But that is also good, because stocks are a bit pricey now.