Markets diverge in last 2 months

There have been disconnects growing between yield sectors of the markets. The outstanding performer has been MLPs, reaching levels not seen since the end of Sep. High yield (junk) bond funds have rebounded sharply from their lows around 6 months ago & the Barclay High Yield Index understates the recovery for many individual funds. But REITs have had a tougher go of it in recent weeks. The most troubling is TNX, the yield on the 10 year Treasury bond. Even with the bond yield decline on Fri, this critical yield has risen sharply. That's troubling! Now the markets will have to deal with the bankruptcy of General Motors (GM). It seems like the markets are sailing into headwinds.

GM prepares for bankruptcy protection announcement- AP


Alerian MLP Index --- 2 months



Dow Jones REIT Index --- 2 months




Barclays Hi Yld Bond - 2 months




10-Year Treas Yld Index - 2 months