I think bonds look attractive enough to buy as yields are appealing. The decline in stocks is creating a comfortable situation for people to buy debt.
Falling stocks are helping to halt an increase in bond yields.
The slide in stocks gave investors a good reason to buy bonds. Weak U.S. housing data fueled concern of a U.S. economic slowdown, triggering buying of bonds.
A decline of stocks is providing a chance for investors to buy bond. People were waiting for bonds to rebound.
No matter what happened to stocks in the past couple days, it is hard to deny that the economy is still expanding. That makes us very cautious about buying bonds.