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Relationship Between Stock And Bond Yields Has Been Turned Upside Down

Wednesday, July 4, 2012 - 6:25 AM
From MarketWatch
Investors who buy Procter & Gamble bonds that come due in 15 years get a yield to maturity of about 3% a year. Those who buy the company’s stock, meanwhile, get a dividend yield of 3.7%.

That’s not how stocks and bonds are supposed to work.

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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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