Treasuries Hit Bottom the Last Time They Were This Cheap: Chart

Treasuries Hit Bottom the Last Time They Were This Cheap: Chart

(Bloomberg) -- Treasuries are becoming relatively attractive compared with stocks. U.S. 10-year notes yield about 60 basis points more than the S&P 500 dividend yield after this week’s bond sell-off. The last time the premium was so large was September 2014, just before Treasuries went on to close the year with a fourth-quarter rally.

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