At 2.28%, the S&P 500 dividend yield is 51 bps higher than the yield on the 10-year...

|By:, SA News Editor

At 2.28%, the S&P 500 dividend yield is 51 bps higher than the yield on the 10-year Treasury. Anybody under 50 is mostly unfamiliar with stocks yielding more than Treasurys as the only other time it's occurred in the last half century was at the winter 2009 lows. Fifty-one bps and any returns from adaptable managements and human ingenuity are to be had for free.