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BofA strategist says S&P 500 10-year returns may fall below 5%

Savita Subramanian, Bank of America’s head of U.S. equity and quantitative strategy, said bond markets may become more competitive with the S&P 500 and that S&P 500 long-term returns could be under 5% over 10 years, in an interview with Bloomberg Television.

SPX

S. equity and quantitative strategy, Savita Subramanian, said bond markets are becoming interesting again and may compete with the S&P 500. In an interview with Bloomberg Television on Wednesday, she said that over the long term, bonds appear to be providing…