Bonds have risen sharply in value, and their yields have plummeted. That has made stock prices look cheap and dividends seem generous, driving up the market.
JEFF SOMMER, NY Times: Business
Sat, 07/30/2016 - 8:22am
Bonds have risen sharply in value, and their yields have plummeted. That has made stock prices look cheap and dividends seem generous, driving up the market.