Ditching Bonds

I'm out of Treasuries today at a 4.06% ytm. Well, better late than never. I'm also thinking I need to get out of my China short. Increasing lending by 600% yoy may not be sustainable, but it's also not something worth fighting. If anything, they will definitely blow a bubble with this kind of activity. In what? Commodities? I'll have to keep an eye on this.

And the US market is completely ignoring all bad news now. Which tells me that the market is trading on something other than news. Probably just momentum.

Well, anyway, I will probably close out FXI tomorrow. I'm also thinking of closing EWY, as Korea seems to have escaped out of the debt spiral I thought they might fall into.