Bond market near breaking

http://www.euromoney.com/Article/2054070/The-US-treasury-market-reaches-breaking-point.html

Scary stuff.

http://jessescrossroadscafe.blogspot.com/2008/12/breaking-zirp-barrier.html

If you look at the last chart on the post, you will see the flight to quality marked the peak of the 1930's recovery. When it crashed it took the whole market with it. Bring in the lows of 1933 which market the bottom.

When this happens we will put in a bottom some where between 3000-5000 if we are lucky.