Sunday, June 8, 2025

An Investment Puzzle

How to Invest When Everything Yields the Same
https://www.wsj.com/finance/investing/investing-yields-stocks-treasuries-convergence-147c90da
WSJ’s James Mackintosh notes:
Here’s an investment puzzle: Treasurys, stocks, cash and corporate bonds all yield about the same. Either risky assets are less rewarding than usual or safe assets are less safe than usual. Or, perhaps, both.