Bloomberg Surveillance · Monday, August 3, 2026
With corporate bonds yielding 5-7% and high yield offerings at 7-12%, bonds are becoming increasingly competitive against equities. The current Treasury yield of 4% on the short end offers traditional return expectations. Experts suggest incorporating bonds back into portfolios for income and stability, especially as equities appear expensive at 21-22 times earnings.
“The corporates are yielding five to seven percent, five to six percent. How yield is yielding seven to twelve percent. You have a four percent treasure yield on the short end.”
“Bonds are becoming more competitive in your portfolio and what you should do next.”
“Equities are expensive right now. They're pricing twenty one to twenty two times they're earnings.”