S&P 500 NTM Earnings Yield Gap - Earnings Yield Gap vs. Inflation and U.S. Treasury Yield

The earnings yield gap vs. U.S. 10-year Treasury yield is low, but still above its long-term average.

Image: Goldman Sachs Global Investment Research

S&P 500 NTM Earnings Yield Gap - Earnings Yield Gap vs. Inflation and U.S. Treasury Yield