One picture is worth 1000 words.
This puts some teeth in the concept of 'historic lows.'
Ten Year Note Yield with SP 500
Charts courtesy of Ralph Dillon at Global Financial Data
“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception