Sentences with phrase «traditional yield ratio»
The dislocations that have occurred this year have completely transformed the traditional yield ratio between Treasuries and munis.
http://www.aaii.com/ Not exact matches
One reason is that they tend to focus on traditional «value» metrics, such as a low price - to - earnings ratio, a low price - to - book ratio, or a high dividend yield.
If you evaluate municipal bonds by the traditional criterion, the yield ratio of municipal bonds to Treasuries of the same maturity, munis are incredibly cheap: All along the yield curve, munis yield, in absolute terms, anywhere between 150 % to even 300 % of Treasuries.
The other traditional measures of Value are better: price - to - earnings ratio (buy when low) and dividend yield (buy when high).