S&P Dividend Yield Below 10-Yr Treasury Yield (1.93% vs. 2.19%); Looking for Value?

by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis
In an email note today economist Steen Jakobsen notes the “S&P Dividend Yield is Below the 10-Yr Treasury Yield (1.93% vs. 2.19%)”
S&P Dividend Yield
[...] Steen asks “Why own stocks at lofty PE of 18 when you can get better yield and a free put option via fixed income’?”
Curve Watchers Anonymous notes this chart of US treasury yields.
US Treasury Yields Over Time
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