Divergence in Equities and Bonds

Was a weird Friday in the markets.  One thing that jumped out at me was that stocks were up and treasury yields fell...a bit of a divergence.

This is probably a good indication of the market's overall uncertainty as we head into a weekend with important elections.  I give it a strong chance that the market merely reacts and quickly corrects back to pre-election levels to the outcome of the Greek election with a small chance of everything hitting the fan.  The lowering of yields was likely the institutions protecting themselves from the "hitting the fan" scenario.  We'll see.

TLT