US Edition

Wall Street JournalTuesday, 26 May 2026

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Risk Premium for Holding Stocks Over Bonds Vanishes

Measure hovers at low levels not seen since the bursting of the dot-com bubble

How they framed it

The paper uses a technical financial metric to frame current market valuations as historically stretched, drawing a direct comparison to the 2000 dot-com peak.

Context

Investors are currently paying high prices for stocks despite rising bond yields, meaning the extra return expected for taking equity risk has narrowed significantly, a condition often preceding market corrections.

Striking phrase

“bursting of the dot-com bubble”

Editorial Stance
← LeftCentreRight →
“Analytic and market-focused”
Tonesober and data-driven
Reader emotionconcern
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Iran Talks Bog Down On First Steps to A Deal

Nuclear, sanctions issues are sticking points in potential accord to open strait

Focuses on the diplomatic friction and technical hurdles regarding nuclear sanctions and maritime security.

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Diet Drugs Take Toll On Towns’ Finances

Owen Tucker-Smith

Explores the hyper-local fiscal impact of rising insurance costs for GLP-1 medications on municipal budgets.

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Pope Compares AI With Biblical Threat

Reports on the Vatican's theological critique of artificial intelligence as a potential 'anti-human vision'.

Other US Front Pages on Tuesday, 26 May 2026

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