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That's not correct. The line on the chart is of long-term corporate bonds. The source is Ibbotson Associates. I've stretched it out by 2% a year to see how well that level of premium competes with stocks. In my opinion, it does fairly well.
Apr 11 19:43 pm
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All Comments by Eddy Elfenbein »Stocks vs. Bonds: A Surprising Result [View article]