Sentences with phrase «attractive bond substitutes»

But today, their high dividend payouts make these stocks attractive bond substitutes, and as such, they sell at much higher P / Es than they have historically.

Not exact matches

For some time we have believed that businesses with a narrower range of outcomes, or stable businesses, have been bid - up as bond substitutes, while businesses with a more cyclical profile have fallen to more attractive valuation levels.

There are no attractive substitutes among bonds at that moment.

Inflation protected bonds, such as the TIPS issued by the US Government, are an attractive option as a substitute for normal bonds.