With the 10-Year US Treasury now yielding 1.74%, it is now paying a coupon that is less than the dividend yield of more than half of the stocks in the S&P 500. As of Monday’s close, there are now 271 stocks in the S&P 500 that have a greater yield than the 10-Year US Treasury. Of the remaining 229 stocks in the index, 126 have a dividend yield that is less than the 10-Year US Treasury, while 103 pay no dividend at all.
Data: Bespoke
Some are blaming the recent weakness in U.S. stocks on the looming April 15 tax deadline.
CBS and Time Warner should see a nice return on NCAA TV rights deal.
Investment fraud is ongoing, even after the fall of Bernie Madoff. See my interview with former SEC enforcer Pat Huddleston about new frauds making the rounds.
Groupon shares hit new lows this week before rebounding. But they do not warrant a buy amid potentially new accounting concerns, manager Barry Randall says.
