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Jason Zweig: Everything Is More Expensive Than It Looks

FYI: The yield on the 10-year Treasury sank beneath 1.6% this past week, within spitting distance of its record low of 1.4% in July 2012. How much should that change your estimates of what stocks and other assets are worth?
Regards,
Ted
http://blogs.wsj.com/moneybeat/2016/06/17/everything-is-more-expensive-than-it-looks/
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