Dividend stocks are attractive even though their dividend yields are much lower than Treasurys.
It’s worth reviewing why this is so because some retirees and near-retirees are rushing to buy Treasurys before interest rates decline even more than they have already. Over the last month, for example, the 10-year Treasury’s yield has fallen by more than a half of a percentage point, which is a big drop for so short a period. Many worry that they need to act quickly to avoid missing out on locking in a guaranteed return that is…
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