US 10 Year Bond Yield also dipped below 1% for the first time in history. It is looking like US 10 year bond rate may keep going down to yield 0% like Euro and Japan.
In this environment stocks which can produce 6-8% return over the long term look attractive with earnings yield spread of equities over bonds being +5%. Avoiding companies with exposure to travel and buying well capitalized companies with long term growth runway and competitive advantages is the way to go.
US 10 Year Bond Yield
US 10 Year Bond Yield - 50+ Year History
US Fed Funds Rate
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