Valuation - U.S. 10-Year Real Yields and S&P 500 12-Month Forward P/E

U.S. 10-year real yields help explain the stock market valuation. UBS targets 4400 for the S&P 500 for 2021.

Image: UBS

Valuation - U.S. 10-Year Real Yields and S&P 500 12-Month Forward P/E