10-year Treasury yield dips to new 2016 lows further below 2%

By A Mystery Man Writer

The yield on the benchmark 10-year Treasury note fell to its lowest level since November 2016 on Wednesday, continuing its slide below 2%.

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For the first time, (1) the S&P 500 earnings yield (medium risk), (2) corporate bonds (low risk), and (3) treasury bills (no risk) are all offering the same yield, 5.3% This means

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