S&P 500 Dividend Yield and 30-Year Treasury Bond

Are U.S. equities a “buy”? The dividend yield of the S&P 500 Index is now higher than the yield from a 30-year Treasury bond. This is a rare phenomenon. But the equity risk does not disappear because a company pays a dividend.

Image: Bloomberg

S&P 500 Index Dividend Yield and 30-Year Treasury Bond