"Cash Is King" Again - 3-Month Bills Yield More Than Stocks

  • Written by Zero Hedge
  • Published in Economics

'Reaching for yield' just got a lot easier...

For the first time since February 2008, three-month Treasury bills now have a yield advantage over the S&P 500 dividend yield (and dramatically lower risk).

Investors can earn a guaranteed 1.90% by holding the 3-month bills or a risky 1.89% holding the S&P 500...

The longest period of financial repression in history is coming to an end...

And it would appear TINA is dead as there is now an alternative....

Read more from our friends at Zero Hedge

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