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Politics : Ask Michael Burke

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To: Les H who wrote (69660)	10/28/1999 2:18:00 PM
From: AurumRabosa	Read Replies (3) of 132070

Does anyone know what this means? "...Cohen said she believes US equity markets remain about 5% undervalued relative to bonds." Excerpt from biz.yahoo.com I'd like to understand if there's something meaningful behind this statement. If I look at a long term chart of the 30-year Treasury bond yield and compare to the charts of the stock indices my eyeball does not see a very good correlation.

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