Is the bond rally over?
The U.S. Treasury is due to auction $99 billion in new debt this week, including $35 billion in two-year notes on Monday. Meanwhile, the yield on the 10-year note rose above 2 percent for the first time since April 2012.
Given the recent rally in the stock market, it seems more and more investors are leaving the bond market for stocks. In turn, bond prices are falling as the yield increases. It remains to be seen, however, if this rotation will continue.
So, we want to hear from you — is the bond rally over?
Let us know by voting in our "Futures Now" poll!