Extreme Readings On Economic Data (Expect To Feel The Effects)

I’m looking at a chart comparing bond yields correlated to the US economy. Right now, there are extreme readings in a pattern not ever seen.

Usually, as the economy goes down, so do bond yields and vice versa.

However — right now, economic data is worsening quickly but bond yields are rocketing higher.

I have not seen this before. Why does this matter?

This post originally appeared at Investors Alley.