They may have good reason to do so: on Monday, the yield on the Treasury 10-year note rose to 2 percent, the first time since April 2012. The traditional inverse relationship between rising stocks and U.S. Treasury bond prices could suggest investors are buying into the scenario of an economic recovery.
Over the past few years, the global economic turmoil and high volatility in the stock market led investors to a "flight to safety" in the bond market, Anthony Grisanti, founder and president of GRZ Energy, said.
Now, a long promised shift into equities and other risk-sensitive assets might finally be at hand.
"I think investors are not looking for safety anymore," Grisanti said, pronouncing the bond rally "over". Investors are "looking for a little risk and they're putting it into equities."
In spite of doubts over Washington's ability to balance its books, bonds are generally considered less risky that stocks for several reasons. Normally, government debt is held for longer periods of time, and aren't as volatile as other financial instruments that get determined by world events or corporate earnings.
With the stock market on a tear, it makes it hard for investors to justify the meatier returns equities might offer. On Friday, all three major averages turned in their fourth-consecutive weekly gain. The S&P 500 index ended above the 1,500 level to boast its longest winning streak since November 2004.