Monday, February 7, 2022

Yield Signs

When it gets too much
I need to feel your touch

--Bryan Adams

Ten year Treasury yields are now north of 1.9%. While not high by historical standards, T-note yields are beginning to challenge stock dividend yields. The yield on the S&P 500 is only about 1.3%.

Higher bond yields will slowly pry income-seeking investors away from stocks.

One more thing for the Fed to worry about...

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