Dennis Gartman, editor of The Gartman Letter, said Monday that he's likely to buy more S&P 500 stocks and sell more 10-year notes.
"Two percent was an interesting number today. We peaked up above there, came back underneath it. My guess, though, is that we're going to go back through 2 percent," he said. "Money's coming out of bonds, and it's going to do it for a long period of time."