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Watch Art Cashin: It may stink, but it's a TINA market

Tuesday, 19 Nov 2013 | 1:12 PM ET
Cashin says: 10-year yield slowing creeping up
Tuesday, 19 Nov 2013 | 11:40 AM ET
CNBC's Bob Pisani and Art Cashin, of UBS, discuss current trading behavior, and what 10-year Treasury level investors are eyeing.

Art Cashin says some people are "holding their nose and buying" stocks despite widespread worries the market is due for a pullback after repeatedly hitting new highs.

Cashin, UBS' director of floor operations at the NYSE, told CNBC's Bob Pisani around midday that it remains a "TINA" market. "There is no alternative" because low interest rates make bonds and other alternatives less attractive.

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