During the “Great Financial Crisis” (GFC) of 2008, the S&P 500’s dividend yield surpassed the 10-year Treasury yield. This relatively rare event has happened a few times since.

In March of 2020, however, the S&P 500’s dividend yield has started to significantly distance itself from the 10-year Treasury yield. Is it merely coincidental that the same phenomenon occurred in 2008?

 

 

 

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