2016-08-05wallstreetexaminer.com

``Today's euphoria is directed squarely at yields and what some have come to call, "bond alternatives." Treasury bond yields have fallen to record lows but what is even more stunning is just how far certain, yield-focused segments of the equity market have soared in recent months. Not only have they set new record-highs in terms of valuation, they have done so to a degree that should almost never happen.''



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