The widespread craving for safety within Treasurys drove mass buying, which pushed down yields and shrunk a reliable source of income.
On the former, companies that have safe dividend yields will support portfolios until investors embrace risk again, said Savita Subramanian, the head of US equity and quantitative strategy. The dividend yield on theis nearly thrice as much as the 10-year yield, which is the widest gap since the early 1950s.
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