Yeah, it's just awful. Not even worth the trouble of shorting.<p><a href="http://www.marketwatch.com/investing/index/DXY/charts?countryCode=US&#38;submitted=true&#38;intflavor=advanced&#38;origurl=%2Ftools%2Fquotes%2Fintchart.asp&#38;time=8&#38;freq=1&#38;comp=uup&#38;compidx=aaaaa~0&#38;compind=aaaaa~0&#38;uf=7168&#38;ma=1&#38;maval=50&#38;lf=1&#38;lf2=4&#38;lf3=0&#38;type=2&#38;size=1&#38;optstyle=1013" rel="nofollow">http://www.marketwatch.com/investing/index/DXY/charts?countr...</a><p>I use it as an example because it's actively traded.<p><i>If capital flows out of bonds, it most likely goes into stocks</i><p>Pass the bong.  What's been going on is simple: Bernanke has been scuttling the dollar in order to force people into all forms of risk.  Money has been going to bonds and stocks both, the riskier the better:<p><a href="http://www.google.com/finance?chdnp=1&#38;chdd=1&#38;chds=1&#38;chdv=1&#38;chvs=maximized&#38;chdeh=0&#38;chdet=1264194000000&#38;chddm=98141&#38;chls=IntervalBasedLine&#38;cmpto=NYSE:BND;MUTF:PTTAX;NYSE:UUP;NYSE:JNK&#38;cmptdms=0;0;0;0&#38;q=NYSE:SPY&#38;ntsp=0" rel="nofollow">http://www.google.com/finance?chdnp=1&#38;chdd=1&#38;chds=1&...</a>