One key signal suggests bonds are a favorable alternative to the stock market for the first time since 2019, BofA says
By Olachi in Business
Updated 3 years ago
The recent rise in interest rates means bonds now represent a favorable alternative to the stock market for the first time since 2019, according to a note from Bank of America. The S&P 500 dividend yield is about 1.50%, which is below the 10-year US Treasury yield of more than...