Treasuries Lag Behind S&P 500 as El-Erian Says Fed May Act

Treasuries Lag Behind S&P 500 as El-Erian Says Fed May Act

Daniel Acker/Bloomberg

Traders work in the two-year and five-year U.S. Treasury Note options pit at the Chicago Board of Trade in Chicago. For the past year, Treasuries advanced 2.9 percent while stocks rallied 16 percent.