Tuesday, August 27, 2019

Global Developed Market Bond Yields Snapshot

Global Developed Market Bond Yields Snapshot shows a very strange phenomenon.
30 year German and Swis Bond yields are 0% so P/E can be thought of as infinite.
US 30 year bond yield is 1.9% so P/E is 50+. 

Compared to this strong companies that can survive a recession and grow earnings long term are a bargain at 10-20 times P/E.











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