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of bonds versus stocks. we know that as stocks has been rallying, so have bonds. that is interesting because because the correlation between them has been declining over time. the correlation is at the lowest going back a year. but and actually might still be attractive to be buying stocks over bonds. if you look at the chart here inside the terminal, when looking at the dividend yields about the 10 year yield, dividend yield is still offering more return than the 10 year treasury yield. so even though bonds and stocks are high, actually still might make sense to buy dividends over treasury yields. let s bring volatility and the vix into the equation. what we are looking at is the vix curve. up, it is this melt at super low levels. the lowest levels we have seen in about a year. beneath the surface we are seeing the curve steepen. the steepest in three years. basically what this tells us is even though volatility is low right now, the implied volatility going out further is
MexicoNew-yorkUnited-statesAustraliaHong-kongWashingtonChinaAlbaniaHoustonTexasFranceLondon about the biggest stories in business, but i m pretty sure we ve got to tip our hats to the new york giants. last night combined in my kitchen and tiger dog, and rehab or andy hubbard says, you ve got to get in here and watch this catch. watch a catch in a giants game? a 20 times. watched it was amazing. it would have been so much better if the giants had one. > or if he was not wearing could he have made that catch if he was not wearing the sticky gloves? it s a debate we will have later in the show. either way, it was awesome. we also breaking news out of washington in the past hour. it s not just about a great catch by a new york giants. defense secretary chuck hagel is officially stepping down. let s bring in our correspondent peter cook. at least here in new york, this seems like a very big surprise. onthere has been focused changes within the obama administration, maybe changes within the white house. we know about the changes that the at the justice departm
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