The latest CFTC report shows speculative net longs in bond futures reaching a six-month high. This positioning reflects the consensus expectation of lower yields into year-end. "Psychologically, I think that's why some people may not want to vote for the bond or this levy, is because it gives them some control over that tax burden," Neff continued. Finally, keep a close eye on those precious metals, as gold established its ninth consecutive quarterly record high on the first of October. Silver is within striking distance of the 2011 and 1980 highs around the $50 level. Meanwhile, platinum and palladium led the sector in September after posting bullish key reversal patterns in the second quarter, along with silver, and following through on the upside in September and the third quarter that ended on September 30. Precious metals have been on a bullish freight train, and time will tell if the trends continue. Bond futures are benefiting from a risk-off mood in equity markets, as the S&P 500 saw a 1.2% intraday pullback. Safe-haven flows remain a dominant driver in fixed-income pricing.