US Bond futures continue to sell off as Stocks rally and the market braces itself for a serious amount of supply next week. This is the first time the 10 year has yielded 3% since the night of the Fed announcement of the Quantative Ease. 3% has pretty much capped the 10 year yield since the beginning of the year. The Fed will be very disappointed that their Q/E has had such a negative effect on long term yields and in some ways has defeated the point of Q/E.