There was a time when Blackstone Group strategist Byron Wien, who at 83 years of age has been working on Wall Street for more than 50 years, would plug in the yield of the US 10 year bond yield to help him value the sharemarket.
Not anymore.
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Philip Baker writes on markets specialising in bonds, equity markets and currencies. Based in our Sydney newsroom, Phil is a markets columnist. Connect with Philip on Twitter. Email Philip at pbaker@fairfaxmedia.com.au
