Premium for owning stocks vs gov bonds disappeared

Front page of the WSJ. The gap between SPY Earning's yield and the 10 year treasury bond turned negative in December (first time since 2002) and is still negative.

How do we play this?

Personally I was thinking about liquidating some stocks I lost interest in and put them in short term treasuries.

The article does note that bond investors need to beware because

1) stocks and bonds both decreased in the previous recession (bonds were thought of as a protection)

2) if trump runs a deficit

3) inflationary policies like tariffs