Is the Real Yield in the United States Going Down?

The real yield in the united states resets to levels that we have not seen since two thousand and 18 and earlier, depending on which measure you look at. So companies feel pretty good about their business, and they're raising dividends, buying back stock. That's what's happening now. We haven't seen the collapse in margins that many of the baras have predicted. Ande mean, to remain defensive when you have to be fully invested? Too many things driven by oil prices self.