BANK OF AMERICA: Stocks most attractive in 70 years relative to bonds, suggesting further gains are coming
Business Insider -

Bank of America

Stocks haven't been this attractive relative to bonds in over 70 years, according to a note from Bank of America published on Thursday.

The current dividend yield of the S&P 500 is nearly triple that of the 10-year Treasury yield, which has historically been followed by stocks outperforming bonds over the next 12 months, the firm notes.

Still, despite the relative attractiveness of stocks over bonds, the highly anticipated "Great Rotation" of investors moving from bonds into...

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