There has been a lot of selling pressure on the bond markets recently. The Treasuries market is still in a pretty weak condition.

Pressure from bunds is working its way into the Treasury market. Bunds and Treasuries are moving hand in hand.

Big selling is hitting the bond market.

It started in the bond market which has been selling off aggressively in recent days,

The bond sell-off . . . can be attributed to the stock markets rise, but the market was negatively reacting to the strong Philadelphia Fed index. It shows more evidence that the manufacturing sector has bottomed out.

The stock market is not making it any easier for Treasuries to fall.