The rout in U.S. Treasuries is becoming biblical. 30 Year Bond futures dropped 1.5 points, crashing through horizontal support at 147 and 146.5 to close Wednesday afternoon’s trading at 146.01. The yield climbed to 2.91%. 10 Year Treasury yields rose to 1.80%, up 0.071%. This sell-off in Treasuries is particularly worrisome because there has not been a commensurate rise in equities. The S&P 500 (AMEX:SPY) rose just 1.60 to close at 1405.53 (0.11%). If the money is rotating out of U.S. Bonds and Securities and not flowing into U.S. equities, where is it going?