“Cash Is King” Again – 3-Month Bills Yield More Than Stocks
‘Reaching for yield’ just got a lot easier…
For the first time since February 2008, three-month Treasury bills now have a yield advantage over the S&P 500 dividend yield (and dramatically lower risk).
Investors can earn a guaranteed 1.90% by holding the 3-month bills or a risky 1.89% holding the S&P 500…
The longest period of financial repression in history is coming to an end…
And it would appear TINA is dead as there is now an alternative.
Original source: http://feedproxy.google.com/~r/zerohedge/feed/~3/QPGDiIqCfe0/cash-king-again-3-month-bills-yield-more-stocks
