I've closed out a portion (less than a third) of my short position in US Treasury futures. There is still plenty of downside on the 30-Year, but the sell off in the S&P has become too tempting. I'm adding more to my S&P positions. Two years from now, people will look back at the first week of March as having been an excellent buying opportunity for stock.
Unfortunately, with the S&P under 710, most will probably fail to take advantage of it.