We are seeing a most unusual event.
Not since the middle of the last century has the yield on the 10-year note been lower than the dividend yield on the Dow Industrials. The 1.98% return on treasuries may push investors into higher-yielding securities...such as the Dow 30. There, they can get a whopping 3.07% return!
Not since the middle of the last century has the yield on the 10-year note been lower than the dividend yield on the Dow Industrials. The 1.98% return on treasuries may push investors into higher-yielding securities...such as the Dow 30. There, they can get a whopping 3.07% return!
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