Stocks will benefit from their status as “the yield asset” for investors, according to Robert Buckland, Citigroup Inc.’s chief global equity strategist. Buckland and his colleagues highlighted the gap between the dividend yield on the MSCI All-Country World Index, a gauge of developed and emerging markets, and the yield on 10-year U.S. Treasury notes in a report Thursday. They also cited the Citi World Government Bond Index, whose yield of 0.8 percent was about a percentage point lower than the 10-year’s yield.
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