As for liquidity, having 5 - 10 % in low risk assets is the way to go. (financialsamurai.com)
As such it is not surprising that bond prices have fallen, which results in higher bond yields, lifting returns for bond purchasers on this very low risk asset class. (rogermontgomery.com)
So as the trend is already pointing to, expect lower risk assets at first, lower bond yields on a flight to quality but then higher yields once his spending plans are digested and an equity market that might at some point benefit from reflationary policies but with greater risks (lower trade and global openness) and higher volatility. (zerohedge.com)