The report discusses the impact of a 3%+ 10-year treasury yield on S&P 500 EPS, highlighting that interest expense is relatively small and likely overpowered by pension swings. It also covers the potential benefits of higher treasury yields on financial earnings and the implications for S&P 500 valuation and dividend yields.
documents/vol00010-efta01464570-pdf.pdf
{"title":"US Equity Insights","key_people":["David Bianco","Ju Wang","Priya Hariani"],"document_date":"2013-08-23","document_type":"tabular","key_locations":["United States"],"document_subtype":"financial report","key_organizations":["Deutsche Bank","S&P 500"]}