Monday, May 14, 2012

S&P 500 Yield is Bullish Signal


The yield on the S&P 500 is now 51 basis points higher than the yield on the 10-Year US Treasury Bond. The S&P 500 has only yielded more than the 10-Year once before in the last 50 years - at the 2009 low.

Could this be yet one more sign that investors should not be panicking and selling this week?


http://product.datastream.com/dscharting/gateway.aspx?guid=dfba5b24-9049-47fd-900a-0d56969de46c&chartname=U.S.%20dividend%20yield%20vs%20bond%20yield&groupname=U.S.&date=20120514&owner=ZRTN274&action=REFRESH


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