10Y yield above 9% - Investors to come in next?

There have been quite a few calls on TV in the last couple of days about shifting of assets from Equities to Debt. It is not counter intuitive given the fact 10Y GoI Security had found itself only few times above 9% in the last 10 years. Though past data could be insufficient to explain future price action, it need not be completely ignored.

Following is the histogram of 10Y yield on closing basis:

  

With Current 10Y yield at 9.05% (1.4% event in last 10Y), it is only natural to see longer term investors coming into the market. Hopefully.