[VA Voter]

Keep your eye on the 10 year Treasury yields. If they return to the 5.5% and higher level, equity and bond volility will jump.

[expat_panama]

...equity and bond volatility will jump...

Equity volatility may already be making it's move.  

We're not seeing the mess we had at the end of last Feb., (yet) but new S&P peaks are successively lower while VIX peaks are higher.

If I were smart I'd start shorting.